The Daily Tar Heel
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The Daily Tar Heel

Fracking is a short-sighted solution

TO THE EDITOR:

In a time when unemployment was a deciding factor in something as monumental as a presidential election, it’s no wonder that the prospect of job growth gleans appeal from people concerned with the state of the economy.

Fracking does just that: it promises job growth, economic rejuvenation and energy independence.

What no one seems to be discussing are the ramifications of boosting an economy on an inherently temporary program.

There is only a finite amount of natural gas in North Carolina and far less than in other states where fracking has already begun.

So when the wells are dry and the companies have to move elsewhere, where does that leave North Carolina?

Either the employees working at the drill sites will have to move out of the state or they will be laid off.

Any revenue that came from the industry will cease, and we will be left with scarred land, potentially polluted waters and a newly crippled economy.

This is intentionally avoiding the possible environmental impact of fracking.

Even if we make the debatable assumption that fracking is perfectly safe, natural gas is a finite resource.

How can you build a sustainable economy on an unsustainable good?

It will be interesting to see where The Daily Tar Heel goes with this series, especially with the mineral rights issue and who is really standing to profit from introducing fracking to North Carolina.

Spoiler: it is not the residents.

Chase Debnam ’10
UNC Finance Department

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