China Plans To Mine the Yellow Sea Floor

eldavojohn writes "Details are limited but state media is reporting on $75 million being put into a new research facility in Qingdao, Shandong Province that will conduct research into mining the sea floor. From the article: 'Scientists believe sea beds at a depth of 4,000 to 6,000 meters hold abundant deposits of rare metals and methane hydrate, a solidified form of natural gas bound into ice that can serve as a new energy source.' The research center's first goal is to do surveying and exploration with a new submersible named 'Jiaolong' (a mythical aquatic Chinese dragon). Hopefully these quests yield energy resources to meet growing demand for resources like liquefied coal in China."

Comments

Perfect Balance

[Anonymous Coward]

The way I see it, as long as we dig up the bottom of the ocean fast enough, we can counteract the rising water levels due to global warming! The more we dig, the more we burn, the more it rises, the more we dig; nature back in balance~!
Horray!

Re:What could possibly go wrong

[the eric conspiracy]

Look at it this way - sending a lot of people into the ocean to recover resources will solve two problems - too many people and not enough resources.