Chinese Coal Decrease

Impacts of china’s clean air and renewable energy. The China National Coal Association predicted that full year production will fall 2.5%.  Jiang Zhimin vice president at the CNCA, told news agency Xinhua that he expected production to decline by a further 2.5% this year. The industry has been hit by a number of production slowing factors, such as high rainfall leading to high levels of hydro-electric production that has impacted demand for coal. 


Similarly, government restrictions on the export of low-quality coal hit a market that was already suffering as coal prices fell by around 20%. State media said Monday that coal production fell in 2014 for the first time this century. Its production totaling 3.5bn tonnes between January and November representing a 2.1%. 

Source: http://www.theguardian.com/environment/2015/jan/27/china-coal-production-falls-for-first-time-this-century
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