Fuel Fix: Investors press natural-gas drillers to cut risks from fracking
Natural gas producers must do more to reduce environmental harm from hydraulic fracturing and disclose U.S. drilling risks, according to groups representing investors with more than $130 billion in assets.
Companies such as Exxon Mobil Corp. should identify the chemicals used and consume less water in fracturing to free gas trapped in rock, according to a report to be released today from the Investor Environmental Health Network and the Interfaith Center on Corporate Responsibility. The groups represent investors such as Pax World Funds in Portsmouth, New Hampshire, and Trillium Asset Management Corp. in Boston. HERE