Information Collection, Access and Dissemination to Support Evidence-Based Shale Policies
22 Pages Posted: 8 Sep 2014
Date Written: September 6, 2014
To ensure that unconventional shale gas development (UGD) yields net social benefits, we need to identify the magnitude and distribution of its benefits and costs and develop effective technological, management and regulatory strategies to minimize potential adverse effects. A major obstacle in achieving these goals is the gaps in the collection, access and dissemination of information. This paper focuses on informational gaps in assessing a narrow subset of the potential links between UGD and well water contamination, drawing particularly from the experience in Pennsylvania. It suggests strategies for legislators, regulators, industry, and researchers to address these informational gaps, while protecting legitimate privacy concerns. The benefits from improved understanding of the impact of this industry and resulting innovations to mitigate its impacts justifies the costs of data collection, access and dissemination.
Keywords: disclosure policies, right-to-know, risk management, information collection, access, dissemination, transparency
JEL Classification: Q00
Suggested Citation: Suggested Citation