China mined a record amount of coal in 2021. It might produce even more this year

While the surge in output helped bring the power crisis under control, coal prices are creeping up yet again this year amid expectations that China is going to need even more of the fossil fuel to power its economic recovery.Coal output hit a record 4.07 billion metric tons last year, up 4.7% from 2020, according to data released by China's National Bureau of Statistics earlier this week. Imports of coal also rose last year, to their highest level since 2013.

"Through solid and steady steps, China will pursue an orderly phase-down of traditional energy in the course of finding reliable substitution in new energy.'Meanwhile, prices in China for thermal coal — which is mainly used to generate electricity and provide heating — have shot higher in recent days. Thermal coal futures surged nearly 7% on Wednesday to about 775 yuan per metric ton, according to the Zhengzhou Commodity Exchange. The contract has soared 13% so far this year.

China Biden doing a fabulous job

When Yi says coal miners you will be working your asses of,he means it. Unlike Trump.

Im sure US is still no 1 polluter

阅

Sad

Please help save dolphins and whales 🐋

China also has significantly 'greener' building regulations

Somebody tell the Chinese Supreme leader to stop building high speed rail and prioritize solar farms.

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And they want us to have electric cars.

I don't know china I'm just like Beijing winter Olympics

ShameChina

É carvão anti capitalista por isso não faz mal.

Winning.

I am 100% for clean energy. But there is simply no alternatives at this point of time.

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