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Water consumption --- Oil and gas leases --- Energy development
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A riveting portrait of a rural Pennsylvania town at the center of the fracking controversyShale gas extraction-commonly known as fracking-is often portrayed as an energy revolution that will transform the American economy and geopolitics. But in greater Williamsport, Pennsylvania, fracking is personal. Up to Heaven and Down to Hell is a vivid and sometimes heartbreaking account of what happens when one of the most momentous decisions about the well-being of our communities and our planet-whether or not to extract shale gas and oil from the very land beneath our feet-is largely a private choice that millions of ordinary people make without the public's consent.The United States is the only country in the world where property rights commonly extend "up to heaven and down to hell," which means that landowners have the exclusive right to lease their subsurface mineral estates to petroleum companies. Colin Jerolmack spent eight months living with rural communities outside of Williamsport as they confronted the tension between property rights and the commonwealth. In this deeply intimate book, he reveals how the decision to lease brings financial rewards but can also cause irreparable harm to neighbors, to communal resources like air and water, and even to oneself.Up to Heaven and Down to Hell casts America's ideas about freedom and property rights in a troubling new light, revealing how your personal choices can undermine your neighbors' liberty, and how the exercise of individual rights can bring unintended environmental consequences for us all.
Oil and gas leases --- Hydraulic fracturing --- Gas industry --- Environmental aspects
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Public lands --- Land titles --- Oil and gas leases --- Recreation areas --- Wilderness areas --- Registration and transfer --- Law and legislation
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Public lands --- Energy development --- Energy security --- Renewable energy sources --- Oil and gas leases --- Revenue sharing --- United States.
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A riveting portrait of a rural Pennsylvania town at the center of the fracking controversyShale gas extraction-commonly known as fracking-is often portrayed as an energy revolution that will transform the American economy and geopolitics. But in greater Williamsport, Pennsylvania, fracking is personal. Up to Heaven and Down to Hell is a vivid and sometimes heartbreaking account of what happens when one of the most momentous decisions about the well-being of our communities and our planet-whether or not to extract shale gas and oil from the very land beneath our feet-is largely a private choice that millions of ordinary people make without the public's consent.The United States is the only country in the world where property rights commonly extend "up to heaven and down to hell," which means that landowners have the exclusive right to lease their subsurface mineral estates to petroleum companies. Colin Jerolmack spent eight months living with rural communities outside of Williamsport as they confronted the tension between property rights and the commonwealth. In this deeply intimate book, he reveals how the decision to lease brings financial rewards but can also cause irreparable harm to neighbors, to communal resources like air and water, and even to oneself.Up to Heaven and Down to Hell casts America's ideas about freedom and property rights in a troubling new light, revealing how your personal choices can undermine your neighbors' liberty, and how the exercise of individual rights can bring unintended environmental consequences for us all.
Social sciences (general) --- Oil and gas leases --- Hydraulic fracturing --- Gas industry --- Landowners --- Environmentalism --- Environmental aspects --- Williamsport (Pa.) --- Environmental conditions.
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Mexico has large extractive industries and it traditionally has raised sizable fiscal revenues from the oil and gas sector. A confluence of factors—elevated commodity prices, financial challenges of the state-owned oil company Pemex, and revenue needs for financing social and public investment spending over the medium term—suggest that a review of Mexico’s taxation regimes for natural resources would be opportune, against the backdrop of a comprehensive approach to tackling Mexico’s challenges. This paper identifies opportunities for redesigning mining taxation to increase somewhat the revenue intake while maintaining the favorable investment profile of the sector. It also discusses recent reforms to the oil and gas fiscal regime and future reform considerations, with attention to the attractiveness of investment on commercial terms—an issue that should be placed in the context of an overall reform of Pemex’s business strategy and possibly of the energy sector more generally.
Average effective tax rate --- Business Taxes and Subsidies --- Currency crises --- Economic & financial crises & disasters --- Economic sectors --- Economics of specific sectors --- Economics --- Economics: General --- Energy: Demand and Supply --- Extractive industries --- Industry Studies: Primary Products and Construction: General --- Informal sector --- Macroeconomics --- Mineral industries --- Mining sector --- Natural Resource Extraction --- Oil and gas leases --- Oil prices --- Oil, gas and mining taxes --- Other Substantive Areas of Law: General --- Prices --- Production sharing --- Public finance & taxation --- Tax administration and procedure --- Tax policy --- Taxation --- Taxation, Subsidies, and Revenue: General --- Taxes --- Mexico
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