President Obama has directed the U.S. Department of Energy to create a panel to recommend “immediate steps” to improve the safety of hydrofracking, Energy Secretary Steven Chu announced May 5.
“America’s vast natural gas resources can generate many new jobs and provide significant environmental benefits, but we need to ensure we harness these resources safely,” said Chu.
He asked the panel to report back in 90 days with immediate steps, and with broader steps in 180 days.
The panel includes John Deutch, former CIA director; Fred Krupp, president, Environmental Defense Fund and Daniel Yergin, author of the bestseller, “The Prize: The Epic Quest for Oil, Money and Power.”
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