China – Fracking For Engery Part 2

risks of doing business in china, guide to doing business in china

Conducting business in China and the energy demands of China and other industrial countries

I don’t know about you, but up until I included “Fracking For Energy – Part 1” in my blog I honestly thought it was just a naughty word used in “sci-fi budget movies” and “sci-fi TV”. Obviously this is one of the reasons “The Guardian” has rather cleverly followed up with a second part guide.

Energy policies have implications for all of us, this is even more apparent when the demand is outstripping the supply or close to it. There is an insatiable demand here in China for almost everything and I am not just talking about energy. However the question is how far are leading industrial nations willing to go to chase energy? For example China is taking a stronger stance in the South China Sea – could this be a sign of things to come. What’s next USA vs Russia for the North Pole?

I believe energy, especially oil and gas will last longer than people predict. It seems obvious to me that as technology improves we are just more likely to drill deeper. Despite our justified fears for the environment – it’s easier for us to stay on this road than to kick our dirty engery habits. This article explains further, on how the method of “fracking” will affect our lives – Guardian News

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