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WANG, ZHONGMIN (2) answer(s).
 
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ID:   136207


Environmental risks of shale gas development in China / Krupnick, Alan; Wang, Zhongmin; wang, Yushuang   Article
Wang, Zhongmin Article
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Summary/Abstract Shale gas development in China can generate great potential economic benefits, but also poses serious environmental risks. In this paper, we offer a macro assessment of the environmental risks of shale gas development in China. We use the US experience to identify the nature of shale gas development activities and the types of potential burdens these activities may create. We then review the baseline environmental conditions and the effectiveness of environmental regulations in China and discuss the implications of these China-specific factors for risk assessment. We recommend China to conduct a strategic environmental assessment and to consider sector-specific environmental regulations.
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2
ID:   136206


Stimulating shale gas development in China: a comparison with the US experience / Tian, Lei; Wang, Zhongmin; Krupnick, Alan; Liu, Xiaoli   Article
Tian, Lei Article
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Summary/Abstract In this paper, we use the US shale gas experience to shed light on how China might overcome the innovation problem inherent in exploring and developing shale gas plays with complex geology. We separate shale gas development into two stages, an innovation stage and a scaling-up stage, with the first presenting a much bigger challenge than the latter. Our analysis suggests that China׳s national oil companies offer the best hope for overcoming the innovation problem. China׳s policy of opening shale gas development to new entrants is a market-oriented reform that can be justified on various grounds, but the new entrants will not play a major role in overcoming the innovation problem even though they may help scale up production later on.
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