How New York's new ban on horizontal drilling could send shockwaves around the world.
By Kate Galbraith
It’s been a rough month for fracking. First, oil prices upended the economics of the once-booming shale fields. Then on Dec. 17, New York Gov. Andrew Cuomo banned the controversial oil and gas-extraction practice after the release of a state report highlighting uncertainties that cloud virtually every aspect of the science. The most powerful condemnation came in the form of personal testimony. “Would I live in a community with [fracking] based on the facts that I have now? Would I let my child play in a school field nearby?” asked Howard Zucker, the acting state health commissioner at a cabinet meeting at which the ban was announced. “After looking at the plethora of reports behind me … my answer is no.”
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