Marketplace: "Fracking Flourishes as Era of Net-Zero Carbon Looms"
RFF Fellow Brian Prest shares his two cents about the future of fracking in an on-the-air episode of Marketplace.
“If there’s going to be an energy transition and operators are considering, ‘Should I invest on a big, large-scale, long-term project or a short-term one?'” said Brian Prest, an economist at Resources for the Future. “Well, obviously, the long-term project is going to be much more exposed to the risk of reduced oil demand or environmental policies than one where you can get in and get out in a few years.”
In other words, fracking — for the most part — is a lower-risk proposition.
