CARBON REDUCTION POLICY: CHINA BLOCKS NEW COAL PROJECTS

As part of the National Energy Administration’s initiative to limit the development of coal energy sources in the country, the Chinese government will block new coal-fired power projects in 15 regions which include Shanxi, Shandong, Inner Mongolia, Hubei, Guangdong, and Yunnan, among others.

According to reports, the aim is to help the country meet its climate targets and address severe pollution problems. In Greenpeace’s view, at least 250 coal-fired power projects will be affected, totalling more than 170 gigawatts of project electricity generation capacity.

Other measures have also been imposed by the Chinese National Energy Administration (NEA) recently that saw regulators postpone new coal-mine developments in the country until at least 2019 due to overcapacity and worsening air pollution problems.

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