Stockholm Environment Institute: Groundbreaking Analysis Shows Future Appalachian Shale Gas Drilling Unprofitable and Petrochemical Buildout Unlikely
March 23, 2021
March 23, 2021
STOCKHOLM, Sweden, March 23 -- The Stockholm Environment Institute issued the following news release:
New gas field developments in Appalachia are unlikely to be profitable as the US energy system undergoes rapid decarbonization, according to a report from the Stockholm Environment Institute's US Center (SEI) and the Ohio River Valley Institute. Rosy industry projections of a gas-fueled petrochemical buildout led many Appalachian communities to bank on job growth that never arr . . .
New gas field developments in Appalachia are unlikely to be profitable as the US energy system undergoes rapid decarbonization, according to a report from the Stockholm Environment Institute's US Center (SEI) and the Ohio River Valley Institute. Rosy industry projections of a gas-fueled petrochemical buildout led many Appalachian communities to bank on job growth that never arr . . .