The guidelines, dated March 17, state that 13 provinces and regions, including top coal producers like Shanxi and Inner Mongolia, as well as the southern economic powerhouse of Guangdong, should “strictly control” new capacity, delaying the approval of new projects until after 2017. The Chinese government has announced new guidelines for coal-fueled power plants in the country, in an effort to reduce the level of carbon emissions. The new regulations will temporarily halt the approval of new coal-fired power stations and postpone construction of several approved coal plants. Experts have said that the construction of around 200 coal plants would be affected after these new guidelines are enforced. The announcement came two days after China signed the Paris accord. China is among 175 countries that signed the agreement, which aims to curb carbon emissions across the world. However, analysts feel that despite being a signatory and the announcement of new guidelines, many coal plants will continue to operate across China. In order to comply with the new regulations, some companies may need to shut down their existing plants, but others could simply move operations elsewhere.
The Chinese government has announced new guidelines for coal-fueled power plants in the country, in an effort to reduce the level of carbon emissions. The new regulations will temporarily halt the approval of new coal-fired power stations and postpone construction of several approved coal plants. Experts have said that the construction of around 200 coal plants would be affected after these new guidelines are enforced. The announcement came two days after China signed the Paris accord. China is among 175 countries that signed the agreement, which aims to curb carbon emissions across the world. However, analysts feel that despite being a signatory and the announcement of new guidelines, many coal plants will continue to operate across China. In order to comply with the new regulations, some companies may need to shut down their existing plants, but others could simply move operations elsewhere.