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Chinese Investments in US Shale Gas Fail to Lower Emissions Despite Regulatory Pressure

2024-04-03 00:18:39.965000

Chinese state-owned companies are increasing exploration and production of unconventional gas resources in the US, but their investments have had no impact in lowering emissions despite regulatory pressure. The US is experiencing a post-pandemic boom in foreign direct investment, but investments from China have dropped significantly. Chinese investments prioritize immediate production of shale gas over developing environmentally friendly extraction technologies. Chinese investments have not lowered emissions in the sector. China's Ministry of Land and Resources estimates the country's technically recoverable shale gas reserves to be 883 trillion cubic feet. [53397f49]

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