02-11-2008, 04:03 PM
That is <b>not</b> enough for china's power needs. Right now they are producing cheap electricity through burning coal but the recent huge dispurtions due to the snowfall has made them to think about the need to switch over to other sources.
And another reason is china is getting hammered at the intl stage for it's CO2 emissions(world's highest), largely due to the burning of coal.
They need large quantites of gas so that the cost of producing electricity is low. Otherwise one of china's chief economic advantage i.e cheap power to run industries is lost.
China cant take the sea route of supplying gas through super-tankers as the oceans and seas routes are prone to disruptions due to weather, piracy, military activity,etc. That's why they are using the land route of using pipelines to transport gas.
And another reason is china is getting hammered at the intl stage for it's CO2 emissions(world's highest), largely due to the burning of coal.
They need large quantites of gas so that the cost of producing electricity is low. Otherwise one of china's chief economic advantage i.e cheap power to run industries is lost.
China cant take the sea route of supplying gas through super-tankers as the oceans and seas routes are prone to disruptions due to weather, piracy, military activity,etc. That's why they are using the land route of using pipelines to transport gas.