China is by far the largest country for coal consumption, accounting for roughly half of global demand. However, the country’s long reliance on the resource is creating health and environmental issues, , so alternative energy sources are attracting more and more attention. Natural gas may be the answer for China, as foreign supply increases and the country hosts the world’s largest technically recoverable shale gas reserves, which are largely untapped. Although coal will remain China’s number one energy source in the foreseeable future, the country’s desire to solve its pollution problems greatly benefit natural gas companies both foreign and local.
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