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

What could possibly go wrong

[kge]

Releasing even more of one of the most effective greenhouse gasses (methane)..

Unfortunately, this is what we do

[Anonymous Coward]

Anyone who is serious understands we can't keep gobbling up resources the way the West has been since WWII. Yet no one stops to think that moving to the suburbs and having kids is a huge contributor to the demand for resources.
The only good thing is that things will start getting more and more expensive as oil gets harder and harder to get, and therefore anything that depends on cheap energy (everything) starts getting not so cheap.
The next 50 years will be interesting, to say the least.