The city of Los Angeles is considering a proposal to ban fracking while the safety of the practice is researched. So the Business Journal asks:
Should the city of Los Angeles put a moratorium on fracking?
BRYAN BROWN
Principal
Spectrum Equity Services
Whether we like it or not, mother nature is fracking for us. A moratorium doesn’t have the value here that it would have in less seismically active areas. A moratorium has cosmetic value but not practical value.
ASHLEY WARNE
Financial Planner
Corporate Financial Partners
I question the need to use the City Council’s time to pass this. I would prefer less time used on this moratorium and more time getting the 405 project completed.
JACOB DESJARLAIS
Digital Director
Brave New Films
Yes, the city should put a moratorium on fracking and all other drilling activities. My wife and I are from Fort Lauderdale, Fla. The earthquakes last week were one of the most terrifying things I’ve ever experienced. Everything I’ve read says fracking is related to that.
STUART WALDMAN
Chief Executive
Valley Industry and Commerce Association
No. A moratorium would conflict with state law that creates a comprehensive regulatory structure for hydraulic fracturing and well stimulation activities. Reliable, affordable energy is essential for the health and growth of California businesses and the state has done its part to ensure a well-regulated development of our resources.
MARC WASSERMAN
Principal
Law Office of Marc D. Wasserman
Yes, Los Angeles should put a moratorium on fracking, but only on fracking. It appears that fracking can cause a lot of harm to the environment and the community. Using a means like fracking should not be an option, especially with the recent rise in earthquake activity.