Anadarko: Hydraulic Fracking

Anadarko uses a controversial method of hydraulic fracturing in order to drill for shale gas across the USA. This method, also known as “fracking”, is widely criticized for causing numerous environmental problems.[1]

Fracking involves injecting millions of gallons of highly pressurized water, sand, and proprietary chemicals into a well. This often contaminates groundwater. There are over 1,000 documented cases of contamination by courts, states, and local governments across the US. Furthermore, this drilling method has been known to cause earthquakes. Fracking has already been banned in Bulgaria, France and in the Canadian province of Quebec.[2]

[1] http://www.greenpeace.org/usa/en/news-and-blogs/campaign-blog/halt-fracking-68-groups-say-to-obama/blog/36272/

[2] http://eenews.net/public/energywire/2012/05/04/1

Affected topics
  • Environmental and Climate protection
Directly and indirectly (through shareholding) involved companies Indirect investors through shareholding

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