Kansas Progress Institute

Ad Astra Per Aspera ~ To the Stars Through Difficulties

The Fracking Insurance Conundrum

Posted on October 26, 2016

By David Burress

The US Geological survey has determined that injecting wastewater from fossil fuel fracking near fault lines causes earthquakes.

 
The Kansas Corporation Commission has restricted fracking but not eliminated it.

 
Waste injection is still causing earthquakes in south central and now north western Kansas. The earthquakes are causing millions of dollars in damages.  Insurance companies say they won’t cover it because it is man-made.  Fracking companies say they won’t cover it because you can’t prove which injection well caused which earthquake.

 

In a rational world, you would shut down all fracking until someone figured out a fair way to pay for the damages.

 

But definitely not in a world substantially controlled by Koch industries and other fossil fuel interests.

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