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Chemical Week Magazine :: Business & Finance :: Asia/Pacific
China to curb investments in small-scale coal-based projects
7:01 AM MDT | August 1, 2014 | —Natasha Alperowicz
China’s National Energy Administration (NEA; Beijing) has told local authorities to curb irrationally developing coal-to-oil and coal-to-gas projects after new technology sparked an investment spree regardless of environmental and economic realities, the Xinhua news agency reports. China will ban coal-to-gas projects with capacities smaller than 2 billion cubic meters and coal-to-oil facilities that produce 1 million m.t. or less, NEA says. Larger projects will be subject to regulatory approval from the State Council, China’s cabinet, NEA adds. Data...
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