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Friday
Sep022011

"There Will Be Regulation." SEC Looks At Fracking Jan Schlitchmann

The federal government's investor-and-markets watchdog is stepping into the heated environmental debate surrounding hydraulic fracturing, or "fracking," according to government and industry officials, even as state and federal environmental officials have begun to bring greater pressure on the industry. The process, which involves pumping water, chemicals and sand underground to free difficult-to-reach natural gas in shale basins, has come under criticism from environmental groups ad some lawmakers over concerns toxins in the mix may contaminate air and water.

Speaking of Justice host, environmental lawyer Jan Schlitchmann, says this is about protecting investors and may lead to more regulation.

 

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