Page 7 - AsiaElec Week 12 2023
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AsiaElec                                          COAL                                              AsiaElec


       China’s continued mixed signals on





       coal production






        CHINA






                                                                                                   Beijing is more

                                                                                                   than content,
                                                                                                    however, to
                                                                                                     collect the

                                                                                                    plaudits for
                                                                                                    withdrawals

                                                                                                   from overseas
                         CHINA is sending out mixed signals on coal..  of coal, and extracts around 12-13mn tonnes of
                           Less than a year ago praise was heard from  the fuel daily.                markets
                         around the world for President Xi Jinping after   Yet despite this increase in coal production at
                         the Chinese leader said Beijing would start reduc-  home, China continues to pull out of coal projects
                         ing the use of coal from as soon as 2026.  overseas.
                           Speaking from China at the time via vid-  Projects in Bangladesh and Egypt number
                         eo-link to attendees of the 2021 Leaders Summit  among 51 overseas plants that were planned with
                         on Climate hosted by US President Joe Biden,  foreign governments by Beijing between 2014
                         Xi famously announced that China “will strictly  and 2020. To date, half have been mothballed,
                         limit the increase in coal consumption over the  eight others discontinued altogether, with just
                         14th five-year plan period (2021-2025) and  one now up and running.
                         phase it down in the 15th five-year plan period   This, experts indicate in a recent report in the
                         (2026-2030).”                        journal Science, is more a case of finances talk-
                           Yet despite the April 2021 assurances, and  ing rather than any significant effort on the part
                         further promises made to the international com-  of China to help reduce greenhouse gas (GHG)
                         munity a year earlier that China would be carbon  emissions and address environmental concerns.
                         neutral by 2060, indications now point to these   Christoph Nedopil, the article author, said that
                         promises being largely hollow. At least for now.  Beijing’s decisions to move away from coal pro-
                           Coal import figures are on the rise in China  jects beyond China’s borders “seems to be based
                         and a massive increase in mining rates over the  foremost on economic rather than long-term
                         past few months has energy analysts and envi-  environmental considerations.”
                         ronmentalists in the region equally confused as   Beijing is more than content, however, to col-
                         to Xi’s real intent.                 lect the plaudits for withdrawals from overseas
                           The first two months of this year saw coal  markets, with replays of former US presidential
                         mining output up by almost 6% compared to the  candidate John Kerry praising China by saying he
                         same period last year.               was “absolutely delighted to hear that President
                           Figures released by the National Bureau of Sta-  Xi has made this important decision” common-
                         tistics (NBS) say this equated to just over 734.2mn  place on terrestrial TV, according to sources.
                         tonnes of coal produced during January and Feb-  But with co-author of the report in Science,
                         ruary compared with 686.6mn tonnes in 2022.  Byford Tsang, pointing to the increase in coal
                           This fact, coupled with large-scale additional  dependency as “a direct challenge to President
                         capacity added to China’s coal mining figures of  Xi’s promise to rein in coal”, the experts that
                         late, is causing genuine alarm; 260mn tonnes of  should know better still seem unaware that no
                         new mining capacity has been approved in the  challenge to decisions announced globally by the
                         last 12 months alone, with increasing numbers of  president for life are made without reason.
                         mothballed mines being reopened.      And any that are made are usually given the
                           China is already the world’s largest producer  nod by President Xi himself.™




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