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Fracking, China, Immigration
"Econ 102" with Noah Smith and Erik Torenberg
Fracking: A Necessary Shift in Energy Strategy
Controlling and capturing methane proves easier than managing carbon dioxide, indicating a shift from coal to natural gas through fracking has positive climate implications. The geopolitical impacts of allowing nations like Russia, Saudi Arabia, and Iran to dominate oil supply have become evident, as the U.S. possesses significant oil reserves that could be accessed via fracking. The urgency surrounding this issue became clear during the spike in oil prices following Russia's invasion of Ukraine, prompting the Biden administration to reconsider prior fracking limitations, acknowledging its necessity for both environmental and economic reasons.
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