CHINA PROVING A MAGNET FOR METHANE RECOVERY FINANCING FROM ROUND THE WORLD
February 1st, 2008
BY MARK GODFREY, in Beijing
METHANE recovery is a boom industry in China. A frenetic dig for coal to drive its economy means atmospheric concentrations of methane are growing. And this is a problem - methane is not only a greenhouse gas that retains 25 times more heat than carbon dioxide, it hangs around in the atmosphere a lot longer.
China's eagerness to trap those gases has been an issue addressed in the ongoing 'Strategic Economic Dialogue' talks between leaders of the US and China. Washington is funding 15 coal mine methane projects as part of the ...
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