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Think -- joining us now is Jeff Frankel he is the -- but -- who says fracking is good.
For the environment professor welcome to the program -- to see you back again.
Thank you have a day with him what -- give me thirty seconds on why you think that fracking is good for the environment.
Behind our qualifications of course but.
I US emissions of CO2 carbon dioxide which is the big -- greenhouse gas for cars is global climate change.
Are down 12%.
Relative to their peak five years ago in 2007 that was completely unanticipated because after all we didn't sign the Kyoto Protocol Europe.
Europe -- to reduce greenhouse gases what's the reason for that while the -- from 2007 to 2009.
You could say that's because of the recession.
But it's it's still declining.
The recession ended in June 2009 we've been growing since then much more rapidly than Europe.
And yet our greenhouse gases are falling and Europe's.
Sort of turned around after 2000 not the reason is because of shale gas.
Which has been a good natural gas recovered -- what's called -- -- use of natural gas enough power generation is up 37% in the US.
And it comes at the expense -- call that's the fact it's crowded out coal.
And a natural gas loaded it is just a geneticist have a greenhouse -- -- -- call.
You see what we just not used to this you're a half an hour -- -- -- I mean.
You know -- we tend to think that you're going to be way down -- on the left and you oppose any kind of fossil fuel of any kind at any time.
-- what you -- saying gays.
If you replace coal and oil to some degree -- natural gas you will in fact bring our emissions CO2 emissions down.
That's why you support -- I think that's the the argument -- -- -- -- it.
Yes let me say first -- The conservatives at -- this is a misconception out and I'm not one of them -- -- professor I don't wanna get into this ideological arguably you can tell me that there's that many conservatives at any in Lee university in the United States America.
Outside the the engineering department.
In the economics department at Harvard the macroeconomic advisors chief academic advisors to Reagan and bush are are with us a majority the macro economists are Republicans that have advised.
Republican president so that's a misconception on not one of them so you're right about that Iraq.
-- -- all if that's great -- get.
Now hold -- the second -- if you do you think that fracking is dangerous to the environment and sense of polluting old ground water supplies for example -- there's definitely risks no question about it some of the fears that some environmentalists have.
Are grounded in in reality -- -- contaminated ground water fear of methane leaks even the earthquake -- These are not these are not totally wrong and they do call for appropriate regulation I'm not calling for zero regulation.
-- -- the right answer is not on the extremes it's somewhere in between complete -- like France has done.
Regulation I'm also say that even if the regulators screw up even if some western state just let them run wild and even if some.
Prefer Acker it's irresponsible.
I'll probably there will something will happen that's bad but you gotta compare that.
To what would happen what happens when there is you know the Deepwater Horizon disaster in the Gulf of Mexico what happens with -- Mine accidents all the time what happens -- at the Fukushima with.
Nuclear power in in my view.
That that the overall risks while they're there out there are no greater probably less that it's been certainly coal which is the relevant rival.
Well Jeffrey Frankel public professor you can come on this program any time you life back.
Seriously we appreciate your very objective judgment -- in a very contentious and important area professor we thank you very hard for -- to -- it back to.
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