Coal news and updates

China will invest more in coal to power its economy over the next five years, according to a government plan released Friday (Mar 5) that only modestly increased renewable ambitions.

 

Environmentalists had been hoping China’s five-year national development plan, unveiled at its annual parliamentary session, would give a roadmap for its goal of carbon neutrality by 2060.

 

However the plan, announced by Premier Li Keqiang, had few details and signalled little urgency in cutting the greenhouse gas emissions that cause global warming.

 

The lack of a cap on total energy consumption was one of the notable exclusions.

 

“Without the energy consumption control target, there’s even less in this five-year plan to constrain emissions growth than in the previous ones,” Lauri Myllyvirta, from the Centre for Research on Energy and Clean Air, told AFP.

 

Source : https://www.hellenicshippingnews.com