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Fracking: A creature of government?

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  • Gage Counts
  • Walter E Block

Abstract

Like most other things, fracking has its good and bad points. In the former regard, it is a technological breakthrough that can increase the supplies of energy of the entire economy. In the latter, it has been linked with an increased incidence of earthquakes and water pollution, surely negatives. As well, there is some evidence fracking would not exist, at least not to the present extent, were it not for government subsidies, which, we argue, misallocate resources.

Suggested Citation

  • Gage Counts & Walter E Block, 2016. "Fracking: A creature of government?," Energy & Environment, , vol. 27(8), pages 933-941, December.
    • Handle: RePEc:sae:engenv:v:27:y:2016:i:8:p:933-941
    DOI: 10.1177/0958305X16677184
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    References listed on IDEAS

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    2. Holcombe, Randall G. (Холкомб, Рэндалл Дж.), 2015. "A Theory of the Theory of Public Goods [Теория Происхождения Теории Общественных Благ]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 196-207.
    3. Walter Block & William Barnett, 2009. "Coase and Bertrand on lighthouses," Public Choice, Springer, vol. 140(1), pages 1-13, July.
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