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CHINA’S CBM INDUSTRY REGULATION AND INDUSTRIAL DEVELOPMENT
CA I Min
Resources & Industries    2010, 12 (4): 91-94.  
Abstract4727)      PDF(pc) (1276KB)(1772)       Save

National economic policy is key to industrial development. CBM as an efficient, clean energy, abundant in China, has a low utilization rate, so the industrial development needs to be supported by the government’s economic policies. Regulation theory in microeconomics directs and protects China’s CBM industrial development, as it adjusts itself with industrial development. A reasonable policy promotes the CBM development, which will have a farreaching influence on economy, energy structure and environment. This paper, based on a review of Chinese governmental policies regarding CBM and foreign energy industry, indicates that China is just at the beginning of CBM development, needing governmental reasonable controls to a better development, despite a lax control worldwide. A sound legislation is a guarantee of CBM industrial development.

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