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Pollution Fears Crush Home Prices Near Fracking Wells

2014-04-11 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: Whether or not fracking causes groundwater pollution, people fear the risk enough that property values have dropped for homes with drinking-water wells near shale-gas pads, according to new research. Researchers from the Unviersity of Calgary and Duke University studied property sales from 1994 to 2012 in 36 Pennsylvania counties and seven counties in New York. They mapped sales against the locations of shale-gas wells, and they compared homes connected to public drinking-water systems to homes...

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