Yale Study Finds Shale Gas Benefits Outweigh Costs 400 to 1

Oh oh, this isn’t supposed to happen...A group of Yale economics graduates together with a Yale professor have written a detailed and well-researched paper refuting the mighty New York Times and concluding that the benefits of shale gas are enormous and should continue.

The 12-page paper, titled “The Arithmetic of Shale Gas” is embedded below. The authors of the paper consider both the economic benefits and the costs, including environmental damage, and make the following observation:

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