Wang Haigang News Today

China’s coal industry fights for survival in a greener world The dirtiest fossil fuel dominates the economy, but it is at odds with Beijing’s goal to be carbon neutral by 2060 By Dan Murtaugh and Karoline Kan / Bloomberg The future of coal looks like an ice cream truck parked half a kilometer down a mine shaft in China’s Shanxi Province. The yellow-and-white vehicle is equipped with a 5G router from Huawei Technologies to gather data for the mine’s control center, where technicians ...

China Escalates Trade War With Australian Coal Ban, Despite Shortages Posted by John Chan | Dec 17, 2020 China has officially banned the importation of Australian coal, striking at the heart of the country’s energy sector. The decision, announced on Monday, escalates the Australia-China trade war that began after Canberra called for an independent investigation into the origins of COVID-19 in March. Significantly, the decision comes even as China faces its own shortage of coal this winter, wh...

China’s Coal Industry Fights for Survival in a Greener World Dec 17 2020, 4:19 AM December 16 2020, 3:30 AM December 17 2020, 4:19 AM (Bloomberg) -- The future of coal looks like an ice-cream truck parked half a kilometer down a mine shaft in China’s Shanxi province. The yellow-and-white vehicle is equipped with a 5G router from Huawei Technologies Co. to gather data for the mine’s control center, where technicians monitor high-definition feeds on a screen the size of a two-st...

China’s Coal Industry Fights for Survival in a Greener World Bloomberg 12/15/2020 Bloomberg News © Bloomberg People tend to vegetables growing in a field as emission rises from cooling towers at a coal-fired power station in Tongling, Anhui province, China, on Wednesday, Jan. 16, 2019. (Bloomberg) -- The future of coal looks like an ice-cream truck parked half a kilometer down a mine shaft in China’s Shanxi province. The yellow-and-white vehicle is equipped with a 5G ro...

The operation produces about 2.4 million tons of coal a year, less than a tenth of a percent of China’s current demand. That much coal could generate as much as 5 million metric tons of carbon dioxide when it’s burned, even as Xinyuan employs emissions-reducing techniques such as using methane instead of coal in its boilers. Coal’s long exit is part of a two-speed approach proposed by climate scientists at Tsinghua University. Citing the inertia of energy and economic systems, they propos...