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"China to Halt New Coal Mine Approvals Amid Pollution Fight"

"China will stop approving new coal mines for the next three years and continue to trim production capacity as the world’s biggest energy consumer tries to shift away from the fuel as it grapples with pollution.

China will suspend the approval of new mines starting in 2016 and will cut coal’s share of its energy consumption to 62.6 percent next year, from 64.4 percent now, Xinhua News Agency reported Tuesday, citing National Energy Administration head Nur Bekri. It’s the first time the government has suspended the approval of new coal mines, according to Deng Shun, an analyst with ICIS China.

The world’s biggest producer of carbon emissions is seeking to boost the use of renewable fuels as smog has blanketed cities from Shanghai to Beijing, forcing factories and schools to close and intensifying pressure on public officials to cut pollution. This month China suspended price adjustments for fuel as a way to curb automobile exhaust and it has pledged to peak carbon emissions around 2030, by which time it aims to derive 20 percent of the energy it uses from clean sources."

Bloomberg News had the story December 30, 2015.

Source: Bloomberg, 12/30/2015