Should you lend in areas with fracking?

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The party will call for a dramatic cut in the UK’s carbon emissions, with leader Jeremy Corbyn also calling for a UK-wide ban on fracking. Fracking has already. of what that means but many local.

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Fracking is already underway in 17 states, with more than 80,000 wells drilled or permitted since 2005. Moreover, the oil and gas industry is aggressively seeking to expand fracking to new states-from New York to California to North Carolina-and to areas that provide drinking water to millions of Americans.

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What Can Landowners and Communities Do About Fracking? Fracking is undoubtedly a contentious issue, even more so when your community is at stake. Here’s what you can do about it.

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Fracking by the Numbers. In Colorado, fracking has already damaged 57,000 acres of land, equal to one-third of the acreage in the state’s park system. The oil and gas industry is seeking to bring fracking into our national forests, around several of our national parks, and in watersheds that supply drinking water to millions of Americans.

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Range Resources agreed to monitor wells in the area and participate in a national EPA study of fracking’s effects on water. As it turned out, the company didn’t have a role in the study. In 2012, the EPA also tested water wells in the heavily drilled northeastern Pennsylvania town of Dimock after receiving complaints about brown, sometimes flammable, water.

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 · So the current bills to ban fracking being debated in the legislature have this loophole that you mentioned around matrix acidizing. “So the bills ban one type of fracking that fractures the rock, but the other type of fracking, the one that you mentioned as matrix acidizing, actually dissolves the rock instead of fracturing the rock.