Coal Tax Reform Looming
November 23, 2011 No CommentsChina likely adopt a three- to five-percent tax on sales of coal.
China likely adopt a three- to five-percent tax on sales of coal.
Five cities and two provinces have been chosen to test limits on carbon dioxide emissions,
The coming winter months may see nationwide power shortages
Cutting-edge technology and management experience, rather than capital, are more critical than money.
Approval for further development of a Golden Zone in west China that already accounts for more than 20-percent of the country’s energy needs.
China will accelerate the construction of coal-fired power stations to deliver electricity to areas short of power.
The NDRC encourages increased electricity production in the face of increased energy demand.
China raised commercial electricity rates on June 1, 2011 to curb demand and boost power generation.
Coal import prices the highest in two-and-a-half years.
China National Radio reported that officials from the China Coal Transport & Distribution Association claimed that China will release the second and third batches of emergency coal reserves.