Climate U-Turn: China Opens 17 New Coal Mines, Imports Surge
Analysis reveals that the amount allocated to large infrastructure projects by Beijing has doubled this year, with airports and high-speed rail lines among 21 schemes allocated a total of £83.9 billion.
Included in the new allocations is funding for 17 new coal mines across China, despite Beijing’s pledges to reduce reliance on the power source.
Seven mines were approved last year and, between 2017 and 2018, China added 194 million tonnes of coal mining capacity with the total number of mines reaching more than 3,000.
China, the world’s biggest coal consumer, has vowed to cap carbon emissions by 2030, although it has stopped short of the “net-zero” emissions target by 2050 pledged by the European Union.
The move to increase coal production comes as China is expected to announce its five-year energy strategy.
The country is in the sixth year of its “war on pollution” to reverse the damage done by decades of industrial growth that has left many cities blanketed in smog.
In a speech to China’s National Energy Commission, Li Keqiang, the premier, suggested Beijing was once again turning towards coal, despite government scientists conceding it was the “most dirty energy”.
“Given our country’s bounty of coal resources . . . [we should] promote the safe, green extraction of coal and development of clean and efficient coal,” Mr. Li said, according to reports.
Read rest at The Times (£)
China’s 2019 Coal Imports Set To Rise More Than 10%
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, countering earlier expectations that shipments would be capped by Beijing at the same level as 2018.