Economic Impacts Analysis of Shale Gas Investment in China

5th Annual International Conference on Material Science and Environmental Engineering

材料科学;生态环境科学

Han, Shangfeng^1 ; Zhang, Baosheng^1 ; Wang, Xuecheng^1

China University of Petroleum-Beijing, China^1

关键词: Chinese economy;    Chinese Government;    Current situation;    Economic impacts;    Environmental issues;    Gas extractions;    Gas investments;    Input output analysis;   

Others  :  https://iopscience.iop.org/article/10.1088/1757-899X/301/1/012125/pdf
DOI  :  10.1088/1757-899X/301/1/012125

来源: IOP

【 摘 要 】

Chinese government has announced an ambitious shale gas extraction plan, which requires significant investment. This has the potential to draw investment from other areas and may affect the whole China's economy. There is few study to date has quantified these shale gas investment's effects on Chinese economy. The aim of this paper is to quantify the economic effect and figures out whether shale gas investment in China is a good choice or not. Input-output analysis has been utilized in this study to estimate the economic impacts in four different Chinese regions. Our findings show that shale gas investment will result in approximately 868, 427, 115 and 42 Billion RMB economic impacts in Sichuan, Chongqing, Inner Mongolia and Guizhou, respectively. The total economic impact is only around 1453 Billion RMB, which is not significant compared to the economic impact of coalbed methane investment. Considering the potential risks of environmental issues, we suggest that it may be a better strategy for the government, at least in the current situation, to slow down shale gas development investment.