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The Department of Energy literally invented modern fracking; see the Eastern Gas Shales Project, which lasted for a decade and a half. Early commercial frackin
by stonogo 4y ago
The Department of Energy literally invented modern fracking; see the Eastern Gas Shales Project, which lasted for a decade and a half. Early commercial fracking worked off of shale mapping performed at Sandia National Lab; reference here https://energy.sandia.gov/wp-content/gallery/uploads/FINAL-HydraulicFracturing-Final-wSAND1.pdf https://energy.sandia.gov/wp-content/gallery/uploads/FINAL-H... (which research continues).
Finally, the government provided $10 billion in tax cuts for unconventional gas drilling over the past thirty years, so even that private R&D was subsidized.
- WeylandYutani 4y agoThe free market is considerably more government driven than people want to believe.
- kortilla 4y agoIndeed, but $10 billion is nothing over 30 years. More than that goes into renewable research every year. If you want a meaningful comparison it should be something like dollars per kWh.