China’s Cap on Coal Consumption could save $11.4bn a Year

Mineweb reported that a study by China Coal Cap Project revealed China’s proposal to curb coal consumption could save $11.4 billion a year by 2030.

As quoted in the market news,

The benefits would come from improvements to air quality resulting from a national policy to cap coal use at about 4.1 billion metric tons starting in 2020, according to the study, which compared the findings to a scenario in which coal use continues to rise to 4.8 billion tons in the next 15 years.

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