March 13, 2017 Read More →

China Coal Usage Continues to Drop

DaijiWorld.com:

The consumption of coal in China is on the decline, despite economic growth, showing the country is making efforts to combat climate change.

The 2016 Statistical Communiqué on Economic and Social Development released by China’s National Bureau of Statistics last week, said China’s electricity sector transformation continued over 2016. With coal consumption down 4.7 percent in 2016, the data also confirms that China is now more than three years past its 2013 peak in coal.

“Energy demand has decoupled from economic activity, and when this is combined with record annual renewable energy installations, China continues to diversify away from coal faster than anyone expected,” said Tim Buckley, the Energy Finance Studies Director with the Institute for Energy Economics and Financial Analysis (IEEFA).

IEEFA conducts research and analyses on financial and economic issues related to energy and the environment.

The Chinese report says solar and wind capacity grew dramatically; solar increasing by 81.6 per cent to 77 GW in 2016 and wind growing 13.2 per cent to 149 GW.

China’s coal use drops, showing commitment to climate change: Experts

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