Economic evaluation based policy analysis for coalbed methane industry in China

Coalbed methane (CBM) is a kind of unconventional natural gas. China has abundant CBM resource and its CBM industry is expected to prosper in the future. However, China's currently imperfect CBM industry policy still needs to be further improved to support the sustainable development of CBM industry. To provide recommendations for policy makers, economic evaluation is conducted to find out the overall economic viability of China's CBM resource and the factors with most impact on the economic viability of CBM resource. The results show that there is still about 42% of China's CBM resource uneconomic to develop under current industry policy and that the three factors with most impact on the economic viability of CBM...

Categories: Publication; Types: Citation; Tags: Coalbed methane industry, Economic evaluation, Policy analysis, Policy scenario analysis