| With the social progress and industrial development,China’s demand for clean energy is increasing,but in recent years the domestic natural gas supply is seriously insufficient.Therefore,coalbed methane(CBM)is regarded as one of the alternative energy sources of natural gas,has attracted more and more attention.China has abundant coalbed methane resources,the development prospect is broad,but at the same time,the development of coalbed methane industry is also faced with a single investment subject,lack of investment funds and other issues.Asset backed securitization(ABS)was first created in the United States in 1970 s,just a few decades has developed into the world’s most important "financial innovation" tool.If the introduction of coalbed gas industry financing,it is not only a new attempt of CBM industry project financing,but also help the CBM industry to solve the financing problem,revitalize the illiquid assets,improve capital efficiency,has very important significance to the development of CBM industry.This paper first analyses the financing status of CBM industry,then analyses the enterprise asset securitization in our country under the existing policy,preliminary feasibility study on asset securitization solve financing problems of CBM industry.This article researches on the pattern of China’s CBM industry asset securitization,and put forward in the early development of CBM industry asset securitization,asset securitization process basically unchanged.The use of some special methods,can help the CBM industry realize asset securitization.At the same time,the paper also analyzes the risks of asset securitization of CBM industry,and points out the measures to deal with it.The research of this paper is of great significance to speed up the development of China’s CBM industry,and promote the comprehensive development of CBM industry.At the same time,it also provides a new way of asset securitization financing for China’s CBM enterprises,and provides an effective solution to solve the problem of CBM industry financing. |
