(October 20, 2011) Recent reports show that China’s hydropower output fell over the past year, as drought struck the nation and major rivers declined in flow. The middle and lower reaches of the Yangtze were so badly affected that the Three Gorges Dam was ordered to release more water. This article reveals that the drought cut into power companies’ profits, too.
Shale gas in China
(September 28, 2011) Shale gas is a burgeoning (if controversial) industry in the United States, but in China, which may have reserves to rival the U.S., development is only beginning. Liu Zhi, of Beijing’s Transition Institute, discusses the potential and the problems of China’s shale gas industry.