The Right to Know? State Politics of Fracking Disclosure

The Right to Know? State Politics of Fracking Disclosure
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DOI:
10.1111/ropr.12025
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发表时间:
2013-07-01
影响因子:
2.1
通讯作者:
Fisk, Jonathan M.
Fisk, Jonathan M.
中科院分区:
法学4区
文献类型:
--
作者:
Fisk, Jonathan M.

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美国能源公司越来越多地依靠一种有争议的开采技术--水力压裂法来扩大天然气的产量。虽然支持者列举了一系列的好处,包括经济发展和减少碳排放,但反对者表达了通常集中在环境质量上的担忧。夹在这些对立的观点之间,各州正在转向披露要求。然而,并非所有的披露法规都是平等制定的。为了更好地理解这种变化,我利用阿贝尔,斯蒂芬和卡夫(ASK)2007年的绩效模型,该模型评估了基于信息的披露规则的有效性。然而,这里的模型被应用于试图理解为什么披露法规会出现并在各州有所不同。结果通常验证了ASK方法,但有一个警告。我发现,在不同的披露法规的背景下,ASK模型的污染严重程度/风险措施,包括风险认知可能会有所改善。
U.S. energy firms are increasingly expanding their production of natural gas oftentimes by relying on a controversial extraction technique known as hydraulic fracturing. While proponents cite a litany of benefits including economic development and reduced carbon emissions, opponents articulate concerns typically centering on environmental quality. Caught between these opposing points of view, states are turning to disclosure requirements. Yet all disclosure statutes are not created equally. In order to better understand this variation, I utilize Abel, Stephan, and Kraft's (ASK) 2007 performance model, which evaluates the effectiveness of information-based disclosure rules for industry. The model here, however, is applied in an attempt to understand why disclosure regulations emerge and vary across states. Results generally validate the ASK approach but with one caveat. I find that in the context of differing disclosure regulations, the ASK model's pollution severity/risk measure may be refined by including risk perception.