Beijing to Replace Four Coal-burning Heating Plants

Reuters reported that by the end of the year, China plans to replace four Beijing-based, coal-burning heating plants with ones that are powered by natural gas. The move is part of the country’s efforts to reduce pollution.

As quoted in the market news:

The plan is the latest step by authorities to deal with a persistent smog crisis in China’s big cities that is fuelling public anger. The capital has been shrouded in thick hazardous smog for several days during the ongoing seven-day national holiday.

China has been under pressure to tackle air pollution to douse potential unrest as an increasingly affluent urban populace turns against a growth-at-all-costs economic model that has besmirched much of China’s air, water and soil.

Click here to read the full Reuters report.