Researchers at Indiana University's School of Public and Environmental Affairs found that public opinion of oil and gas development could be improved if firms were "green certified," meaning that they pledged to adhere to stricter environmental standards than required.
Creating a "green club" could benefit the environment by triggering pro-green competition between developers, resulting in a race-to-the-top to be seen as the firm most committed to public health and environmental protection. It might also benefit the oil and gas industry by substantially reducing community opposition to new projects.
From a governmental standpoint, voluntary compliance is likely to reduce opposition from firms as regulatory standards increase over time. An independent green certification process may also serve as a check on oil and gas development practices in states with weak regulation or enforcement of environmental protections.
"In many communities, fracking has been met with strong public opposition. Creating a so-called 'green club' of independently certified oil and gas developers could go a long way toward building public trust while also yielding environmental benefits," said John D. Graham, SPEA dean and a study co-author.
Read the full story here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
3 Dec 2019
- Cairo, Egypt
Enhance your understanding of process safety techniques by reserving a place at this 1-day training course
20 - 22 Jul 2020
- Austin, Texas, USA
Take the lead - speak at URTeC 2020
13 - 15 Jan 2020
- Dhahran, Saudi Arabia
Plan to participate at this unique event
3 - 4 Dec 2019
- Kuala Lumpur, Malaysia
Strategic Partnerships for a Sustainable Future
20 - 22 Oct 2020
- Perth, Australia
Abstract Submission deadline 13 January 2020
29 Jan 2020 22:30 GMT
- Live, then On Demand
19 - 20 Feb 2020
- Lafayette, Louisiana, USA
Covering issues related to the identification, prevention, and remediation of formation damage
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2019 Society of Petroleum Engineers, All Rights Reserved.