SUBSCRIBERS
Green power too costly, so China cities 'may go back to coal'
Published Thu, Nov 30, 2017 · 09:50 PM
Beijing
SOME northern Chinese cities may switch back to coal from electricity and gas this winter, prompted by insufficient government subsidies, government think tanks said in a report published on Thursday.
Beijing has launched a dramatic push to cut coal consumption by shifting to electricity and natural gas from coal, in a bid to rein in emissions and ease air pollution in its northern cities including Beijing.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil settles down on US jobs data, steepest weekly loss in three months
Glencore Group nears deal for Shell’s Singapore oil refinery
Opec+ may need to tackle oil capacity conundrum next month
Gold flat ahead of US payrolls data, set for second weekly drop
Oil settles near 7-week lows, focus shifts to economy
Exxon-Pioneer deal gets green light from US FTC, Pioneer exec barred from board