Why China Lags Behind the U.S. in Shale Gas Development « Energy in Asia

Shale gas has turned out to be a game changer in the U.S., but what about in China? As the estimated largest holder of shale gas reserves in the world, China's development of the industry is slow and uninspiring due to a high barrier of entry into the industry, an inconsistent and vague regulatory regime, and low profit incentives.