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    coal investing

    Beijing to Replace Four Coal-burning Heating Plants

    Charlotte McLeod
    Oct. 07, 2013 09:56AM PST
    Industrial Metals

    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.

    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.

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