(MENAFN- Asia Times) China's central province of Hubei plans to shut all of its coal mines within two years while boosting the use of cleaner-burning natural gas and renewable energy, state news agency Xinhua reported.
The province shut down surplus coal mining capacity of 10.11 million tonnes in 2016, Xinhua cited the province's planning agency as saying.
Last year the province also cut 3.38 million tonnes of steel production capacity, in addition to removing 4.16 million tonnes of obsolete steel-making capacity.
The DailyBrief Must-reads from across Asia - directly to your inbox
The province plans to add 300 kilometers of natural gas pipelines and install one million kilowatts of power generation capacity fueled by new energies this year, the report said.
Hubei accounted for 0.2 % of China's coal output in 2015.
Share Tweet Linkedin Email China Coal Business Economy Politics energy Mining Resources commodities overcapacity Hubei
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.