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    A New Fracking Idea

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    ancientblackdragon
    All About the fracking process.

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    A New Fracking Idea

    Uploaded by

    ancientblackdragon
    22 views2 pages
    All About the fracking process.

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    All About the fracking process.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views2 pages

    A New Fracking Idea

    Uploaded by

    ancientblackdragon
    All About the fracking process.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    A NEW FRACKING IDEA:

    Using Our Existing Resources as an Aiternative to Fracliing


    JOHN KLEIN
    (JKLEIN
    JDMGMT.
    COM) IS THE
    PRINCIPAL
    OF JDM
    ASSOCIATES
    IN FALLS
    CHURCH, VA.
    MR. KLEIN IS
    ALSO THE
    AUTHOR OF
    A PRACTICAL
    GUIDE TO GREEN
    REAL ESTATE
    MANAGEMENT
    AVAILABLE AT
    IREMB00KS.ORG.
    Recently, I presented at the E Source Forum,
    a utility conference in Denver, attended by
    more than 500 utility industry professionals
    from all parts of the U.S. and Canada. Among
    the many spirited discussions we had at the
    Forum, was one topic on the current options
    for substantial supplies of additional energy
    generation, which are time consuming to
    achieve, expensive andeven in the best-case
    scenarios of totally cleanrequire years of
    permitting, construction and political mud
    wrestling.
    Many of our industries and some local
    economies are poised for
    impressive growth and job
    creation, but there is not
    enough energy available to
    be the catalyst. The general
    consensus among the at-
    tendees was that our fastest,
    cheapest, cleanest option for
    creating additional supply
    and enhancing our energy security right now
    is investing in energy efficiency. Enlightened
    utilities understand that buying down their
    customers' demand by providing incentives,
    rebates and education is far less costly in com-
    parison to building new power plants. Indus-
    try estimates indicate that we can tap into this
    existing resource virtually overnight and have
    20 percent more energy supplyavailable im-
    mediately.
    Traditional fuel options like coal, petroleum
    or natural gas increasingly require developing
    new types of technologieshydrofracking of
    tar sandsthat, although fuel producing, have
    short- and long-term hazardous environmen-
    tal and personal health effects. Recent studies
    have found that fracking pollutes the air with
    asthma- and cancer-causing gases, produces
    wastewater contaminated with chemicals and
    To read more about
    fracking, turn to p. 28.
    radiation and triggers daily spills that leech
    into the surrounding ground, streams and
    rivers. Regardless, we are rushing to imple-
    ment these increasingly desperate and risky
    methods for powering our nation. Once ex-
    tracted, these fuels still must be transported,
    processed and heated to be used.
    Even with energy production alternatives
    to fossil fuels involving fewer environmental
    concerns, many have the same implementa-
    tion challenges. Capital, securing permits,
    construction and infrastructure are still re-
    quiredand years of patience too. Techno-
    logical challenges for solar
    and wind power include im-
    proving the generation effi-
    ciency so that fewer materi-
    als and space are required,
    and developing cost-effec-
    tive methods to storing the
    energy generated so that it
    will be available 24/7.
    By comparison, energy efficiency is a vastly
    more expedient and practical way to address
    our immediate energy needs by reducing con-
    sumption and costs, rather than just increas-
    ing supply. Targeted energy efficiency projects
    yield more kilowatt-hours for far fewer dol-
    lars, and they can be implemented immedi-
    ately. Energy efficiency is beneficial to the en-
    vironment, financial health of businesses and
    consumersnot to mention it creates jobs.
    Utility companies are now growing their
    programs and better responding to the needs
    and demands of their customers. Don't wait
    to strengthen the relationship with your util-
    ity representative to explore what money is
    available and determine how you can best
    maximize these financial opportunities. Add
    value to your properties and save some frack-
    ing money.
    12
    jpm
    Jan.Feb2013
    Copyright of Journal of Property Management is the property of Institute of Real Estate Management and its
    content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's
    express written permission. However, users may print, download, or email articles for individual use.

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