China

China is planning numerous carbon capture and storage projects, which often combine enhanced oil recovery ventures. As we know, the power industry is the largest greenhouse gas and carbon dioxide emitter globally; and means of recovering, utilising, sequestering, and recycling CO2 (carbon dioxide) is the key to a healthier planet, and a stronger power industry worldwide.

That's over the next 12-18 months.

In March 2012, the NDRC, Ministry of Finance, MLR and NEA jointly issued a development plan designated for China's shale gas development. The Plan applies to shale gas development activities and initiatives in China from 2011 to 2015.

Here is their joint statement.

This is good for 6 years.

According to the US Energy Information Agency, China has the largest known shale gas reserves in the world. China's Ministry of Land and Resources (MLR) predicts that the country's shale gas output could reach 6.5 billion cubic metres per annum by 2015 and increase more than tenfold to 100 billion cubic metres per annum by 2020.

This is just in 4 years.

But outlook is "uninspiring".

Here are other findings.

And it eyes spending 15-30% more.

Find out what caused this.

Phase one costs up to RMB80m.

This will boost Pakistan's capacity by 15%.

Thanks to supportive regulatory policies.

China to lead this 'modest' growth.

Targets to reduce carbon footprint.