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Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development

Author

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  • Jianu Daniel Muresan

    (Faculty of Economic Sciences, Department of Business Administration, Petroleum-Gas University of Ploiesti, Bd. Bucuresti, nr. 39, Ploiesti 100680, Romania
    These authors contributed equally to this work.)

  • Mihail Vincentiu Ivan

    (Faculty of Economic Sciences, Department of Cybernetics, Economic Informatics, Finance and Accountancy, Petroleum-Gas University of Ploiesti, Bd. Bucuresti, nr. 39, Ploiesti 100680, Romania
    These authors contributed equally to this work.)

Abstract

The shale gas exploration and development is now a delicate and controversial subject. It is often assumed that unconventional exploration and extraction automatically brings prosperity for local, national and regional economies. In this paper, we argue that shale gas development requires a contextualized understanding of regional issues. We are also trying to identify the opportunities and the risks of shale gas development in Eastern Europe (referring to Romania’s case) and offer a cost-benefit analysis model that may be of interest to any policymakers and investors.

Suggested Citation

  • Jianu Daniel Muresan & Mihail Vincentiu Ivan, 2015. "Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development," Sustainability, MDPI, vol. 7(3), pages 1-17, March.
    • Handle: RePEc:gam:jsusta:v:7:y:2015:i:3:p:2473-2489:d:46267
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    References listed on IDEAS

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    6. Wiedmann, Thomas & Lenzen, Manfred & Turner, Karen & Barrett, John, 2007. "Examining the global environmental impact of regional consumption activities -- Part 2: Review of input-output models for the assessment of environmental impacts embodied in trade," Ecological Economics, Elsevier, vol. 61(1), pages 15-26, February.
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    Cited by:

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    2. Cameron T. Whitley, 2019. "Exploring the Place of Animals and Human–Animal Relationships in Hydraulic Fracturing Discourse," Social Sciences, MDPI, vol. 8(2), pages 1-19, February.

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