andenvironmentalindustriesisminimizingtheseleaksasmuchaspossible.Steven
Hamburg,thepresidentoftheEnvironmentalDefensesFund,isparticipatinginastudyto
learnmoreabouttheeffectsoftheMethaneleaks.Hamburgestimatestheamountof
methaneleakedisfourpercent.Ifthiscouldbereducedinhalf,theU.S.wouldhaveanine
percentreductionoftotalgreenhousegases.TheCouncilonForeignRelationsexperton
energy,MichaelLevisays,”Therearecosteffectivewaystoreducemethaneleaks,”He
explainedthattheirarealreadyproducers,likeShell,whoareusingtechnologytominimize
leaks.Agricultureandthedevelopmentofbiofuelsalso,contributetothereleaseof
methaneintotheatmosphere(Nocera).JohnHolko,aleaderinthefrackingmovement,
discussedinadebateaboutfrackingthat,“Thegasindustryisthemostqualifiedtohandle
theproblem.”Hetalkedabouthowthegasindustrycancapture,develop,andsellthe
methane.Thisgascanbeusedinvariousindustrieslikethefabric,plastic,antifreezeand
fertilizerindustries.
Thebenefitsofhydrofrackingnotonlyincludetheenvironmentalaspect,butthe
economicbenefitsaswell.Therearecurrently600,000U.S.jobsinthehydrofracking
industryandtheinsourcingofchemicalcompanies(Peerboom).Largecorporationslike
Dow,achemicalcompany,haverelocatedbacktotheUnitedStatesinordertocapitalize
onthefrackingboom.AreportfromGoldmanSachsbelievesbetween2013and2020,
shalegasandoilwilladd380690billiontoAmerica’snationalGDP(Hassett).This
translatesintotwotofourpercentagepoints,creating1.7millionindefinitejobsinthe
process(Hassett).Stateswithhighunemploymentrates,likeNewYork,willbenefitgreatly