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China to shut down 2 coal mines each day


China's appetite for coal is insatiable. Of the 2.9 billion tonnes of global coal demand growth since 2000, China accounted for 2.3 billion tonnes or 82 per cent. China now accounts for 47 per cent of global coal consumption — almost as much as the entire rest of the world combined. But even as the country burns coal at an astonishing rate, it is working hard at cleaning up the industry. The Chinese government will close at least 2,000 small coal mines over the next two years, the State Council said in a recent statement. more

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