Prospects of "Slate Revolution" and Problem of Power Industry of China

The remarkable results of “shale gas revolution” in the USA have provoked a huge interest in Chinese energy circles. Beijing seriously considers the prospects of developing its abandoned domestic shale gas resources, which might result in a second “shale gas revolution”, this time in Asian region. D...

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Main Author: M. Scryabina
Format: Article
Language:English
Published: MGIMO University Press 2013-02-01
Series:Vestnik MGIMO-Universiteta
Subjects:
Online Access:https://www.vestnik.mgimo.ru/jour/article/view/1524
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author M. Scryabina
author_facet M. Scryabina
author_sort M. Scryabina
collection DOAJ
description The remarkable results of “shale gas revolution” in the USA have provoked a huge interest in Chinese energy circles. Beijing seriously considers the prospects of developing its abandoned domestic shale gas resources, which might result in a second “shale gas revolution”, this time in Asian region. Developing shale gas would help Beijing to bridge the gap between energy consumption and supply, and would also create a viable alternative to coal. However, the technology of shale gas extraction (hydraulic fracturing) is highly controversial, and raises a lot of concerns among environmentalists. “Fracking” has already been banned in a number of European states and there, and is a subject to moratorium in US states of New York, Connecticut and New Jersey. The core question is whether China can successfully adapt the extraction technology to its geologic conditions, and most importantly whether “fracking” of shale gas will help to alleviate the environmental degradation caused by rapid GDP growth, and help to increase energy security of Chinese economy.
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institution Kabale University
issn 2071-8160
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publishDate 2013-02-01
publisher MGIMO University Press
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spelling doaj-art-2095bdf6c45a4f18ac26503d6bf1f7882025-01-30T12:16:05ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602541-90992013-02-0101(28)11812410.24833/2071-8160-2013-1-28-118-1241214Prospects of "Slate Revolution" and Problem of Power Industry of ChinaM. Scryabina0Московский государственный институт международных отношений (университет) МИД России. Россия, 119454, Москва, пр. Вернадского, 76.The remarkable results of “shale gas revolution” in the USA have provoked a huge interest in Chinese energy circles. Beijing seriously considers the prospects of developing its abandoned domestic shale gas resources, which might result in a second “shale gas revolution”, this time in Asian region. Developing shale gas would help Beijing to bridge the gap between energy consumption and supply, and would also create a viable alternative to coal. However, the technology of shale gas extraction (hydraulic fracturing) is highly controversial, and raises a lot of concerns among environmentalists. “Fracking” has already been banned in a number of European states and there, and is a subject to moratorium in US states of New York, Connecticut and New Jersey. The core question is whether China can successfully adapt the extraction technology to its geologic conditions, and most importantly whether “fracking” of shale gas will help to alleviate the environmental degradation caused by rapid GDP growth, and help to increase energy security of Chinese economy.https://www.vestnik.mgimo.ru/jour/article/view/1524chinausaenergy securityshale gasnatural gashydraulic fracturing“fracking”gas pipelinesliquid natural gas (lng)cnpccnoocsinopecchesapeake energydevon energygas drillingsichuan provinceenvironmentmethanemoratorium on “fracking”
spellingShingle M. Scryabina
Prospects of "Slate Revolution" and Problem of Power Industry of China
Vestnik MGIMO-Universiteta
china
usa
energy security
shale gas
natural gas
hydraulic fracturing
“fracking”
gas pipelines
liquid natural gas (lng)
cnpc
cnooc
sinopec
chesapeake energy
devon energy
gas drilling
sichuan province
environment
methane
moratorium on “fracking”
title Prospects of "Slate Revolution" and Problem of Power Industry of China
title_full Prospects of "Slate Revolution" and Problem of Power Industry of China
title_fullStr Prospects of "Slate Revolution" and Problem of Power Industry of China
title_full_unstemmed Prospects of "Slate Revolution" and Problem of Power Industry of China
title_short Prospects of "Slate Revolution" and Problem of Power Industry of China
title_sort prospects of slate revolution and problem of power industry of china
topic china
usa
energy security
shale gas
natural gas
hydraulic fracturing
“fracking”
gas pipelines
liquid natural gas (lng)
cnpc
cnooc
sinopec
chesapeake energy
devon energy
gas drilling
sichuan province
environment
methane
moratorium on “fracking”
url https://www.vestnik.mgimo.ru/jour/article/view/1524
work_keys_str_mv AT mscryabina prospectsofslaterevolutionandproblemofpowerindustryofchina