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Posts uit september, 2013 tonen

Fracking - The risks, social & environmental costs

Afbeelding
Fracking, the latest ethical challenge in the energy business This case study looks into the ethical issues of fracking.   It asks the questions and endeavors to find answers; should fracking be allowed or forbidden? Can the energy industry give guarantees to people who may suffer personal, material or environmental damage caused by this controversial exploration technique? These questions are already answered by several countries, at least for the time being; France and Switzerland said no to fracking, at least now, whilst USA, Poland and China said yes.   But the timing factor must be included; with high oil prices, fracking has become a convenient alternative that may outweigh possible negative environmental impact. This research is not addressing the fracking process itself, but looks at the human deliberation process and the adherence to published HSE policies of energy companies’ regulations and their stance on ethical and CSR issues performing this techniqu