The last thing that the NB economy needs is another short-lived industry that rips out our natural resources, adds no value  and sends profits elsewhere for stockholders, while the province is left with cleaning up a devastated landscape.
Shale gas drillers have produced a lot of product, but they've never made a profit. Shale gas is expensive to produce, but prices are low. Over time expenses increase, as the easy-to-get gas is extracted first. Shale gas extraction will become a dead-end industry. We are nearing the end of the age of fossil fuels; investment in them is decreasing around the world. The threat of climate change means that the industry will continue to shrink, and long-term investments – like starting a new shale gas project – run a huge risk of ending up worthless.
In contrast, renewable energy becomes ever cheaper as the technology improves.  Smart provinces will support businesses of the future.
Read More:
Fracking in 2018: Another Year of Pretending to Make Money (Dec 18, 2018 Desmog)
Nine-year losing streak continues for US fracking sector: Oil and gas output is rising but cash losses keep flowing  (5 Dec 2018, Sightline Institute)
Financial Red Flags for Fracking (17 Oct 2018, Sightline Institute)
How Western Canada subsidizes fracking, (The Tyee, Feb 2014)