Kroll Bond Rating Agency Issues Updated Report on Fracking
Posted on Jan 15, 2013 in Environmental, Innovation/Efficiency, Land Use, Project Development, Regulation & Policy | Comments Off on Kroll Bond Rating Agency Issues Updated Report on Fracking
Kroll Bond Rating Agency (KBRA) has issued an update to its report on the state and local credit risks of high-volume hydraulic fracking of the Marcellus and Utica Shale Basins, located below New York, Ohio, Pennsylvania and West Virginia. The report, available here, discusses the estimated economic impact from the recovery of these fossil fuel resources. These resources are so large that many economists predict they could materially reduce unemployment and add to the nation’s GDP for decades, as well as pose environmental and regulatory risks. Click here for the full report.
