On the plus side, the CO2 from burning natural gas is less than coal and it doesn't emit mercury or the other particulates and doesn't have a waste issue like coal does. Unfortunately for those who care about climate change, (and if you don't, you should) there are inevitable methane releases from fracking and from distribution of natural gas and those are now known to be much worse than previously thought:
>...Back in August, a NOAA-led study measured a stunning 6% to 12% methane leakage over one of the country’s largest gas fields — which would gut the climate benefits of switching from coal to gas. We’ve known for a long time that methane is a far more potent greenhouse gas than carbon dioxide (CO2), which is released when any hydrocarbon, like natural gas, is burned. But the IPCC’s latest report, released Monday (big PDF here), reports that methane is 34 times stronger a heat-trapping gas than CO2 over a 100-year time scale, so its global-warming potential (GWP) is 34. That is a nearly 40% increase from the IPCC’s previous estimate of 25.
...The IPCC reports that, over a 20-year time frame, methane has a global warming potential of 86 compared to CO2, up from its previous estimate of 72. Given that we are approaching real, irreversible tipping points in the climate system, climate studies should, at the very least, include analyses that use this 20-year time horizon. Finally, it bears repeating that natural gas from even the best fracked wells is still a climate-destroying fossil fuel. If we are to avoid catastrophic warming, our natural gas consumption has to peak sometime in the next 10 to 15 years, according to studies by both the Center for American Progress and the Union of Concerned Scientists.
https://thinkprogress.org/more-bad-news-for-fracking-ipcc-wa...
As we use more and more natural gas, we can expect more and more methane disasters like the leak from Aliso Canyon in CA which was the largest leak in US history. This released over 100,000 tons of methane into the atmosphere and required 11,000 residents to be evacuated.
http://www.bbc.com/news/science-environment-35659947