Shenhua coal mine doomed by China energy transition reports @takvera

The proposed Shenhua Watermark coal mine on the Liverpool Plains has been widely opposed by farmers and environmentalists, but it appears the energy transition of China and the economics of coal have ultimately doomed the project reports John Englart. The fact is China ‘Is Getting Serious’ About Scaling Back Coal. A rapid transition is taking place in China transitioning to renewable energy and scaling back coal power. Part of this is the concern over chronic air pollution problems. According to Tim Buckley from IEEFA, “New data shows China’s electricity-sector transformation accelerating in the first two months of 2016. While electricity consumption was up just 0.3% year on year (yoy) to […]