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Environment

Just the Fracts

Is the current top-down bureaucratic hydraulic fracturing regulatory system the best way to mitigate its rare risks? A property rights approach, which holds people accountable for their actions, may be more effective and efficient.
1
Scientific research suggests hydraulic fracturing’s risks are rare, but yields substantial economic gains.
2
Hydraulic fracturing regulations are inefficient and ineffective, yet property rights and water markets can reduce its risks and take advantage of its benefits.
3

Advancements in tracing technology enables the use of insurance, surety bonding, self-regulation, and third-party certification to more effectively regulate hydraulic fracturing.