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Conference on "How Should Hydraulic Fracturing Be Regulated?"
Friday, April 19, 2013 from 8:30 AM to 4:30 PM (EDT)
New York, NY
"How Should Hydraulic Fracturing Be Regulated"
April 19, 2013
Columbia Law School
435 West 116th Street Jerome Greene Hall
The Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University cordially invites you to an invitation-only conference on How Should Hydraulic Fracturing Be Regulated?
After decades of concern about the availability and price of energy in the US, we are now looking at the potential for energy independence in future years and vast quantities of low cost energy through natural gas and oil in shale. This unexpected change derives from the expanded use of hydraulic fracturing ("fracturing" or "fracking"), a technology that has been used in the energy industry for many years. While this puts the US in a whole new economically competitive stance in the world, do we know enough about the new applications of this technology to allow the continued expansion of its application? Are the benefits greater than the risks? What regulatory strategies could address these risks? Who should make these regulatory choices? Who should be liable for problems and what standard should apply?
This conference will explore the economic benefits, the technology, environmental risks, and the regulatory and legal choices that we are making, and will need to continue to make, as the energy industry continues to expand its use of this powerful technological tool.
Panel 1: Economic and National Security Implications of Fracking
Panel 2: Risks of Fracking
Panel 3: Regulatory Strategies: Substantive Rules
Panel 4: Regulatory Strategies: Allocating Responsibility Among Different Levels and Branches of Government
(Please note that registration begins at 8:30 a.m.)