The Japan Times - China govt to help run coal power plants at full capacity

EUR -
AED 3.806062
AFN 78.367375
ALL 99.666662
AMD 414.886103
ANG 1.869937
AOA 472.514554
ARS 1090.727365
AUD 1.6614
AWG 1.867778
AZN 1.76568
BAM 1.955734
BBD 2.09493
BDT 126.525762
BGN 1.95559
BHD 0.391187
BIF 3071.197128
BMD 1.036215
BND 1.408053
BOB 7.16976
BRL 6.053612
BSD 1.037565
BTN 89.827991
BWP 14.451516
BYN 3.395486
BYR 20309.819708
BZD 2.08413
CAD 1.506813
CDF 2956.322601
CHF 0.94437
CLF 0.037078
CLP 1023.10573
CNY 7.447076
CNH 7.585656
COP 4309.555648
CRC 523.382469
CUC 1.036215
CUP 27.459705
CVE 110.261307
CZK 25.201071
DJF 184.763811
DKK 7.462864
DOP 64.097853
DZD 140.180305
EGP 52.046257
ERN 15.543229
ETB 132.907048
FJD 2.407077
FKP 0.853413
GBP 0.836177
GEL 2.96398
GGP 0.853413
GHS 15.874468
GIP 0.853413
GMD 75.129599
GNF 8968.699587
GTQ 8.025731
GYD 217.072729
HKD 8.075117
HNL 26.431115
HRK 7.6468
HTG 135.715454
HUF 407.802929
IDR 16947.560142
ILS 3.711614
IMP 0.853413
INR 89.830903
IQD 1359.154474
IRR 43624.664125
ISK 146.687036
JEP 0.853413
JMD 163.634519
JOD 0.734888
JPY 160.828389
KES 133.845517
KGS 90.617425
KHR 4174.86016
KMF 489.974798
KPW 932.593877
KRW 1510.574324
KWD 0.319652
KYD 0.864671
KZT 537.641991
LAK 22573.243893
LBP 92912.887816
LKR 309.199643
LRD 206.473084
LSL 19.366651
LTL 3.059675
LVL 0.626797
LYD 5.093829
MAD 10.414751
MDL 19.371351
MGA 4824.838389
MKD 61.527939
MMK 3365.586846
MNT 3521.059671
MOP 8.328621
MRU 41.564608
MUR 48.339835
MVR 15.96847
MWK 1799.139737
MXN 21.427637
MYR 4.616379
MZN 66.22491
NAD 19.366651
NGN 1557.431939
NIO 38.178721
NOK 11.736734
NPR 143.725186
NZD 1.838842
OMR 0.398917
PAB 1.037565
PEN 3.859771
PGK 4.224858
PHP 60.536773
PKR 289.399406
PLN 4.213559
PYG 8183.72588
QAR 3.782073
RON 4.975288
RSD 117.126077
RUB 102.196577
RWF 1472.750669
SAR 3.886799
SBD 8.759842
SCR 14.862476
SDG 622.765742
SEK 11.502156
SGD 1.406355
SHP 0.853413
SLE 23.703464
SLL 21728.916467
SOS 592.980138
SRD 36.370643
STD 21447.564418
SVC 9.078696
SYP 13472.871201
SZL 19.354352
THB 35.018935
TJS 11.34562
TMT 3.637116
TND 3.313889
TOP 2.426924
TRY 37.136661
TTD 7.037764
TWD 34.138152
TZS 2645.71138
UAH 43.270951
UGX 3819.872051
USD 1.036215
UYU 44.898496
UZS 13462.549062
VES 60.484509
VND 25988.279504
VUV 123.02156
WST 2.90226
XAF 655.935029
XAG 0.0331
XAU 0.00037
XCD 2.800424
XDR 0.793173
XOF 655.935029
XPF 119.331742
YER 257.888119
ZAR 19.350081
ZMK 9327.184796
ZMW 29.026028
ZWL 333.660901
  • CMSC

    -0.2100

    23.47

    -0.89%

  • CMSD

    -0.3800

    23.84

    -1.59%

  • BCC

    -2.5000

    126.16

    -1.98%

  • SCS

    -0.1600

    11.48

    -1.39%

  • NGG

    -0.3400

    61.4

    -0.55%

  • RIO

    -0.5000

    60.41

    -0.83%

  • GSK

    -0.0900

    35.27

    -0.26%

  • BTI

    -0.0400

    39.64

    -0.1%

  • AZN

    -0.4800

    70.76

    -0.68%

  • JRI

    -0.0400

    12.53

    -0.32%

  • RELX

    -0.4600

    49.89

    -0.92%

  • RBGPF

    67.2700

    67.27

    +100%

  • BCE

    -0.1100

    23.79

    -0.46%

  • VOD

    -0.0700

    8.54

    -0.82%

  • BP

    -0.5500

    31.06

    -1.77%

  • RYCEF

    -0.0600

    7.43

    -0.81%

China govt to help run coal power plants at full capacity
China govt to help run coal power plants at full capacity

China govt to help run coal power plants at full capacity

China will help its coal-fired power plants run at full capacity, the government has announced, raising further alarm about the fate of Beijing's climate pledges.

Text size:

Swathes of the world's second-biggest economy were paralysed last year because of power shortages, partly caused by a drop in coal supply as global prices of the fossil fuel soared.

China is the world's biggest emitter of the greenhouse gases responsible for climate change, and has pledged to peak emissions by 2030 and become carbon neutral by 2060.

But coal production has been ramped up since last year's energy shortages, sparking uncertainty and concern about those targets.

The focus on energy security and economic growth was reiterated at a high-level meeting of China's State Council, chaired by Premier Li Keqiang, state news agency Xinhua reported Tuesday.

It was decided in the Monday meeting that "coal supply will be increased and coal-fired power plants will be supported in running at full capacity and generating more electricity" to meet industrial and residential demand, according to Xinhua.

The move comes weeks after President Xi Jinping told top policymakers to ensure that emissions reductions do not hurt economic growth and energy security -- widely seen as a signal to limit restrictions on the coal sector.

Following the energy crunch last year, China reopened dozens of coal mines and scrapped production quotas, unravelling earlier steps to curb emissions.

The country's coal output hit a record of over four billion metric tons last year -- the highest in a decade -- after imports were disrupted by the pandemic.

Two-thirds of China's economy is fuelled by coal, and it generates an estimated 29 percent of the world's greenhouse gas emissions, double the US share and three times that of the European Union.

The Chinese government's measures to curb emissions are considered crucial to keeping global temperature rises to under 1.5 degrees Celsius as agreed in the landmark Paris climate accord.

"We are pivoting back to the model of supporting the economy at all costs," said Li Shuo, a campaigner for Greenpeace China.

"China is losing time for crucial climate action."

K.Abe--JT