Like the cigarette industry, fracking companies hope to circumvent health and environmental concerns to become the world's leading exporter of shale gas.
A NEW REPORT from the International Energy Agency (IEA) notes that many other parts of the world, notably China, will soon scour the planet for natural gas. The irony—they are looking for alternatives to coal that will help them reduce urban pollution. And the most affordable, accessible option is seen as natural gas. You have to give the Chinese credit. They'll not only be solving their own pollution woes. They'll also be doing irreparable damage to the environment in the U.S., reducing our quality of life, and fueling the growth of privatized water companies in a country with some of the most abundant fresh water in the world. and all without spending $760 billion a year on its military, the way we do. (They spend about one-fifth what we do, and have four times our population.).