LAST WEEK BROUGHT a heartening breakthrough in the war over fracking: A handful of major green groups and big drillers agreed on environmental standards.
We’d forgive you for raising a skeptical eyebrow. Some in the industry have been claiming that fracking — which involves pumping fluid underground to extract natural gas from rock formations — needs no more rules. Some environmentalists, meanwhile, have been ringing the alarm so loudly that the practice seems too dangerous even to contemplate.
But the right path was never to let drillers continue without more oversight, nor was it to ban fracking. America’s natural gas boom is far too important an opportunity — economic and environmental — to ignore. But sound regulations are needed to ensure that it is not an ecological disaster. These new rules are a large step toward striking the right balance, and everyone involved deserves credit.
The Environmental Defense Fund, the Clean Air Task Force and some other green advocates joined with Chevron, Shell and other energy companies to create the Center for Sustainable Shale Development, an independent standard-setter that will certify when companies comply with its rules. The rule-writing process is ongoing, but the center’s initial offering is impressive, outpacing the government’s regulatory efforts and addressing many of the major environmental concerns.