24 Aug '12, 2pm

Environmental Defense Fund Announces Key Grant from Bloomberg Philanthropies

Barnett Shale drilling in North Central Texas. Contact: Mica Odom, 512-691-3451, [email protected] (New York, NY – August 24, 2012) Environmental Defense Fund (EDF) announced today that it has been awarded a 3-year, $6-million grant for its work to minimize the environmental impacts of natural gas operations through hydraulic fracturing. The funding will support EDF's strategy of securing strong rules and developing industry best practices in the 14 states with 85 percent of the country’s unconventional gas reserves. The grant was awarded by Bloomberg Philanthropies, a recognized leader in global environmental efforts. "Here’s the truth on natural gas. The environmentalists who oppose all fracking are wrong, and the drillers who claim that regulation will kill the industry are wrong. What we need to do is make sure that the gas is extracted carefully and in the right places, a...

Full article: http://www.edf.org/news/edf-announces-key-grant-bloomberg...

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