Disclosing the Facts 2016: Transparency and Risk in Hydraulic Fracturing Operations
While the coal industry used its recent setbacks as an opportunity to shuck off environmental responsibilities, 20 of 28 oil and gas companies engaged in hydraulic fracturing (“fracking”) actually improved their scores in an annual investor report card ranking the companies on how they report their policies to reduce risks from fracking operations. Even so, much work remains to be done, with seven out of 10 fracking companies still earning failing scores.