China coal mine approvals surge despite climate pledges

[NickB79]

https://mobile.reuters.com/article/amp/idUSKCN1UW0EM

Approvals for new coal mine construction in China have surged in 2019, government documents showed, with Beijing expecting consumption of the commodity to rise in the coming years even as it steps up its fight against smog and greenhouse gas emissions.

Long-term cuts in coal consumption are a key part of China's energy, environment and climate goals, but the fivefold increase in new mine approvals in the first-half of 2019 suggests China's targets still provide ample room for shorter-term growth.

China's energy regulator gave the go-ahead to build 141 million tonnes of new annual coal production capacity from January to June, compared to 25 million tonnes over the whole of last year, Reuters analysis of approval documents showed.

So much for China leading the way to a renewable future.

[Wellstone ruled]

1. Well,there goes our Thermo Coal Market.

Funny thing,three mines that were know for Thermo Coal just came out of Bankruptcy Monday. OOOPs.

[MyOwnPeace]

2. Oh, my!

A world-leading country that is not showing concern for our environment?

How could that possibly happen?

Surely the United States of America will lead the way to show the world..................................

er, never mind..............................