 A shale gas revolution for China?Neil Gunningham Climate Policy, 2014, vol. 14, issue 2, 302-320 Abstract: The question of whether China is on the verge of a 'shale gas revolution' is examined. This has potentially significant consequences for energy policy and climate change mitigation. Contrary to the optimistic reading of some commentators, it argues that various technological, environmental, political, regulatory and institutional factors will constrain the growth of China's shale gas market and that such a revolution might in any event have consequences that are at best mixed, at worst antithetical to climate change mitigation. Policy relevance China's reserves of unconventional gas have the potential to transform energy policy, as has occurred in the US, resulting in the substitution of shale gas for coal in the energy mix. Because gas emits only approximately half the GHG per unit as coal, such a move would have important implications for climate policy. However, substantial obstacles stand in the way of the 'energy revolution' that some policy analysts see China as embarking upon. The need to acknowledge these obstacles, particularly those relating to regulation and governance (and whether or to what extent they can be overcome), is an issue of profound importance to the future of climate and energy policy. Date: 2014 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:tcpoxx:v:14:y:2014:i:2:p:302-320 Ordering information: This journal article can be ordered from DOI: 10.1080/14693062.2014.842857 Access Statistics for this article Climate Policy is currently edited by Professor Michael Grubb More articles in Climate Policy from Taylor & Francis Journals |
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