July 13, 2024

The Global Fossil Energy Boom: Perspective From China

All those natural gas wells that are popping up by the thousands across the United States — they’re starting to appear in China, too. The global fossil energy boom, which in China has mostly meant soaring production of coal, is now beginning to include natural gas. And American and European multinationals are providing financing, equipment, and technical assistance. The U.S. Energy Information Administration projects that China’s recoverable shale gas resources total 36 trillion cubic meters, …

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