Started by forex4you, Mar 12, 2022, 04:58 am
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Despite pledges to contribute to global efforts of reducing emissions, China will continue to maximize the use of coal in coming years as it caters to its energy security, the top Chinese policymakers said this week. Chinese President Xi Jinping has told representatives from its biggest coal-producing region, Inner Mongolia, that China “could not part from reality” and that it is “rich in coal, poor in oil and short of gas,” Reuters reported on Friday. The energy transition is a long process and China cannot just “slam the brakes” on coal, according...
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