This Federal Policy Enabled the Fracking Industry’s $280 Billion Loss

DeSmogBlog
By Justin MikulkaMay 11, 2018, 1:05 pm172 pts
Most people probably aren’t familiar with the acronym ZIRP. It stands for zero interest rate policy and is the policy that unintentionally created the American fracking bubble — just one of its many consequences. And while most people may not know much (if anything) about ZIRP or the Federal Reserve (Fed),…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on EcoTopical

'Very dangerous' super typhoon nears US Pacific islands 110

Los Angeles turns ‘most polluting’ World Cup into Olympic rehearsal in bid for climate legacy 72

Happy Birthday, America! Hope You Find Your Way Back. 56

The grid was melting down in last week’s heat – until EVs came to the rescue 47

About EcoTopical

Welcome to EcoTopical Your daily eco-friendly green news aggregator.

Leaf through planet Earths environmental headlines in one convenient place. Read, share and discover the latest on ecology, science and green living from the web's most popular sites.