The coal-powered Datang International Zhangjiakou Power Station at Zhangjiakou in China’s northern Hebei province. Photo: AFP
The coal-powered Datang International Zhangjiakou Power Station at Zhangjiakou in China’s northern Hebei province. Photo: AFP
Energy

China’s clean coal financing tool balances energy needs with emissions reduction, analysts say

  • China’s cabinet said that it will set up a special relending facility worth US$31.4 billion to support the clean and efficient use of coal
  • China plans to cap the use of coal by 2025 as part of its goal to become carbon neutral by 2060

The coal-powered Datang International Zhangjiakou Power Station at Zhangjiakou in China’s northern Hebei province. Photo: AFP
The coal-powered Datang International Zhangjiakou Power Station at Zhangjiakou in China’s northern Hebei province. Photo: AFP
READ FULL ARTICLE