ClimateProgress nails one fracking bottom line:

…. depressed natural gas prices have been blamed for stalling wind, solar PV and solar hot water projects that compete directly with the resource. While a cleaner-burning form of energy like natural gas is much better than burning coal, focusing too heavily on the resource may delay aggressive development of renewable energy.

Indeed. Not to mention transitioning away from the automobile to a public transportation (and walking/biking) economy.