In Bethany McLean's latest book, Saudi America: The Truth About Fracking and How It’s Changing the World, she explores the past, present and future of fracking in America. She tells the stories of many who have had stakes in the industry, including Aubrey McClendon, pioneer in fracking and founder of Chesapeake Energy, whose accidental death in 2016 brought up questions about a string of faulty economics and debt that began to catch up with him.
McLean finds that as stakes get higher and the fossil fuel industry becomes more attractive to some, its promised returns have yet to come through, leading us all to ask: What's next for fossil fuels? Is this the end of the shale revolution, or is the money just beginning to come in?
Kassie Siegel cites studies showing there is enough oil and gas in proven fields to send global warming past 1.5 degrees since the beginning of industrialization. New development of fossil fuels is simply not consistent with the math of the Paris climate accord, which aims to limit warming to 1.5 degrees.
Severin Borenstein is an energy expert at UC Berkeley who has appeared several times on the Climate One Podcast. He has advised both California and federal governments on energy policy and isn’t shy about criticizing clean or fossil energy when he thinks the numbers don’t add up.
Join us for a conversation with Severin Borenstein, Bethany McLean, Kassie Siegel about the economics and geopolitics of one of the wealthiest and most detrimental industries in our world.
Notes: Thanks to the generous support of Ken and Jackie Broad Family Fund, all tickets include a copy of McLean's book, Saudi America: The Truth About Fracking and How It’s Changing the World