Sunday, September 2, 2018

Bethany McLean: Fracking just borrows money, doesn't really earn any

I've been a fan of Bethany McLean since reading her books on Enron and the financial crisis:



Both are excellent! Today I just read an excerpt in the New York Times of her new book on fracking:
... supposedly the fracking industry has sold to Wall Street and borrowed since 2008 on the idea of fracking riches, but so far it's mostly just an idea ...


I'm still driving a Nissan Leaf and feeling better about this all the time ...

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