26 Jul 2011

Fracking update

Seems that my suggestion that frackers self-regulate is becoming more viable.

Bloomberg agrees with me, but there's more!Do you see (hysteric) national regulation coming? I see it coming...

In the meantime, Marsh & McLennan offers insurance against water contamination. There's a market solution (or the beginning of one) here, folks, so let's not be too hasty to over-regulate!

H/T to MH