Energy

Created
Fri, 28/03/2025 - 01:00
Dooho Shin and Rebecca Mari The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the Financial System Theme which focuses on the shifting landscape and new risks confronting financial policymakers. Carbon pricing has emerged … Continue reading Tracking the price of carbon: price substitution effects across energy markets
Created
Fri, 09/08/2024 - 01:19
by Helene Langlamet

In 2007, the Marcellus Shale Play was opened for production in Pennsylvania. The fracking of the shale unlocked massive fossil fuel reserves previously considered inaccessible. But it also unleashed an especially expensive and wasteful extraction process that involved flushing hundreds of millions of tons of highly toxic chemicals a mile deep into the ground and into the water table. And it brought up natural gas contaminated with unprecedented levels of radioactivity.