Groundbreaking analysis shows future Appalachian shale gas drilling unprofitable and petrochemical buildout unlikely
New gas field developments in Appalachia are unlikely to be profitable as the US energy system undergoes rapid decarbonization, according to a report from the Stockholm Environment Institute's US Center (SEI) and the Ohio River Valley Institute. Rosy industry projections of a gas-fueled petrochemical buildout led many Appalachian communities to bank on job growth that never arrived and now may never materialize.The report, Risks for New Natural Gas Development in Appalachia , is the first quantitative