Another Green lie exposed

This is the report that the green taliban won’t want you reading about when it comes to understanding the risks of fracking.

This week, the University of Texas released a study showing that fracking releases much less methane into the atmosphere than previously thought.

Sponsored by the Environmental Defense Fund and nine oil companies, the study analyzed more than 489 natural gas wells, and estimated that shale-gas drilling operations leak more than a million tons of methane annually. That’s a lot, but “probably less than the Environmental Protection Agency estimated in 2011,”?says?The New York Times.?

Specifically, the study suggested that containment measures ? technologies for trapping leaks that will soon be required by the EPA ? “captured 99 percent of methane that escaped from new wells being prepared for production,” says the?Times. The EPA’s rules don’t go into effect until 2015, but some wells have already started capturing leaks.

When released into the air unburned, methane is a powerful greenhouse gas: Pound for pound, it’s 20 times more potent than carbon dioxide over a 100-year period,?says?the EPA. The threat of its release is one reason why so much controversy surrounds fracking, which involves blasting underground rock formations with water, sand, and chemicals to access natural gas.

“Keeping it underground while drilling for it is supremely important,”?says Bloomberg Businessweek. “This study suggests that this is possible.”

You’d think this would be good news, but nope, Greenpeace has issues with the study.