Beijing aims to cut carbon emissions but state-owned firms propose 43 new coal-fired generators and 18 new blast furnaces
China continues to announce new steel mills and coal-fired power plants even as the country maps out a path to zeroing out heat-trapping emissions.
The project announcements highlight the at-times confusing signals emanating from Beijing as officials vacillate between aggressive measures to reduce carbon emissions and heavy industry-focused spending to maintain the economic recovery from the pandemic. Decisions on permitting new projects will be a test of China’s commitment to reduce coal use from 2026, and also highlight the impact of the Politburo’s recent instructions to avoid “campaign-style” emission reduction measures, a message that has been interpreted as China slowing the environmental push.
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