Shale May Be China’s Best Hope for Clear Skies
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  • Jacksonian_Libertarian

    The Chinese Government’s ownership of all land and minerals, means that entrepreneurs and the windfall profits they would kill for, are unavailable. So, shale gas development will proceed at the speed of Government (and no one really knows how slow that is).

  • lfstevens

    The Economist talks bout fracking in China, saying that the problem is the massive water shortage that the country already faces. Fracking takes a lot of water and they just don’t have it.

    “China is hoping to follow America into a shale-gas revolution. But each shale-gas well needs 15,000 tonnes of water a year to run. China is also planning to build around 450 new coal-fired power stations, burning 1.2 billion tonnes of coal a year. The stations have to be cooled by water and the coal has to be washed. The grand total is 9 billion tonnes of water. China does not have that much available. According to the World Resources Institute, a think-tank in Washington, DC, half the new coal-fired plants are to be built in areas of high or extremely high water stress.”

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