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‘High risk’ of severe water stresses in Asia by 2050
Posted by CNBC: None Given on March 31st, 2016
CNBC: Some 1 billion people in Asia could be without water by 2050, according to new research.
A group of researchers at the Massachusetts Institute of Technology says there is a "high risk of severe water stress" across large patches of Asia, home to a big chunk of the world's population.
The primary driver of this water stress will not necessarily be climate change, according to the study published Wednesday in the peer-reviewed journal PLoS One.
"We find that water needs related to socioeconomic...
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Fracking Bringing Economic Growth to Pennsylvania, for Now
Posted by CNBC: None Given on July 4th, 2013
CNBC: Rural Pennsylvania was transformed into one of the nation's oil and gas boom regions virtually overnight thanks to abundant Marcellus Shale gas development.
Many people know the City of Williamsport, located in Lycoming County, as the site of the Little League World Series, but gas production helped make it the seventh fastest-growing community on a percentage basis in the U.S. And while that growth appears to be leveling off, the region looks set to ride out the boom for as long as the gas remains...
As unconventional U.S. oil, gas boom, so do jobs: report
Posted by CNBC: None Given on October 22nd, 2012
CNBC: The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday.
The report by forecaster IHS Global Insight is part of a series attempting to quantify the impact that booming production of so-called "unconventional" oil and gas has had on the American economy.
Using new technology to blast fossil fuels trapped in shale rock has...