China halts over 100 coal power projects

[Jimbo101]

http://in.reuters.com/article/china-coal-idINKBN1511A2

China's energy regulator has ordered 11 provinces to stop more than 100 coal-fired power projects, with a combined installed capacity of more than 100 gigawatts, its latest dramatic step to curb the use of fossil fuels in the world's top energy market.

In a document issued on Jan. 14, financial media group Caixin reported, the National Energy Administration (NEA) suspended the coal projects, some of which were already under construction.

The projects worth some 430 billion yuan ($62 billion) were to have been spread across provinces and autonomous regions including Xinjiang, Inner Mongolia, Shanxi, Gansu, Ningxia, Qinghai, Shaanxi and other northwestern areas.

Putting the power projects on hold is a major step towards the government's effort to produce power from renewable sources such as solar and wind, and wean the country off coal, which accounts for the majority of the nation's power supply.

"Stopping under-construction projects seems wasteful and costly, but spending money and resources to finish these completely unneeded plants would be even more wasteful," said Greenpeace in a statement.

[calguy]

1. There goes those coal jobs trump was gonna bring back

[Wellstone ruled]

2. All those so called Coal State

Rethugs are going to be really pissed about this. Watch for some monetary aid to China in order to complete those power plants.

[Wounded Bear]

3. This is been going on for a while...

maybe not in China, but around the world. Coal is dying. The revenue stream is going to continue to dry up as more and more people move away from fossil fuels in general and coal inparticular.

Oh, and, there really is no such thing as "Clean" coal. If you're burning coal, you are polluting.