{"id":233796,"date":"2021-10-21T17:25:19","date_gmt":"2021-10-21T09:25:19","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233796"},"modified":"2023-06-27T16:56:25","modified_gmt":"2023-06-27T08:56:25","slug":"china-increases-local-coal-production","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/zh-hans\/china-increases-local-coal-production\/","title":{"rendered":"China increases local coal production"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-header\">\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\n<div class=\"cnl-issue\">News<\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-logo\">\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2021\/10\/china-increases-local-coal-production.jpg\" alt=\"China increases local coal production\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>10 \u6708 2021<\/span>\n<h1>China increases local coal production<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<p class=\"mt-40\" >As the United Nation\u2019s COP26 climate conference looms, President Xi Jinping has won international praise for promising that China\u2019s peak carbon emissions would peak before 2030, and the country would achieve carbon neutrality by 2060. Provinces have implemented strict energy consumption targets, with offending high-tech manufacturers experiencing power-cuts during peak usage hours. Despite this, analysts have agreed that while China has made statements regarding the decrease in use of fossil fuels in energy production, including plans to stop building coal plants abroad, in the short-term China and other countries have no options but to \u201cincrease coal consumption to meet power demand.\u201d As key coal exporter Indonesia experienced heavy rain, affecting their ability to supply coal, and China\u2019s total ban of Australian coal continues, imports of coal in the two quarters of 2021 were 10% lower for the same period in 2020. Ahead of the winter season, the Chinese government has told state-owned energy companies to increase coal production and secure supplies for the coming winter, attempting to prevent further power-cuts to households and avoid potential consumer backlash, as many will consume more energy to power home-heating. Similar trends have been noted in the UK, US and across Asia, as each country\u2019s respective natural and liquid gas prices have soared amid endemic supply issues.<\/p>\n\n<p>Source: <a href=\"https:\/\/www.ft.com\/content\/263b9416-0238-4347-a0c8-65fc8fd41e47\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ft.com\/content\/263b9416-0238-4347-a0c8-65fc8fd41e47<\/a> and  <a href=\"https:\/\/www.wsj.com\/articles\/chinas-coal-and-gas-woes-might-test-beijings-principles-11632921317\" target=\"_blank\" rel=\"noopener\">https:\/\/www.wsj.com\/articles\/chinas-coal-and-gas-woes-might-test-beijings-principles-11632921317 <\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-bott-navs\">\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/exploration-tech-backed-by-billionaire\/\" target=\"_self\">Exploration tech backed by billionaire<\/a><\/div>\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/third-largest-mining-company-in-australia-to-achieve-net-zero-scope-3-emissions-by-2040\/\" target=\"_self\">Third largest mining company in Australia to achieve net-zero scope 3 emissions by 2040<\/a><span><\/span><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-legal-advice\">\n<h3>This newsletter is for information purposes only.<\/h3>\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; 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