By Julia Haggerty, Ph.D., Headwaters Ecoinomics— The Obama administration’s decision to take a “fresh look” at oil shale policy and regulations is sound public policy that will benefit the future viability of commercial development in the long-term.
Today, the commercial feasibility of proposed oil shale development remains tenuous due to a number of technical, environmental, regulatory and economic challenges.
A formal, nonbiased review is needed for a number of reasons.…