China to Restrict Coal Demand, Output to 3.9 Billion Tons
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China, the world’s biggest user and producer of coal, will limit domestic output and consumption of the commodity in the five years through 2015 to reduce pollution and curb reliance on the fuel.
Production and demand will be restricted to about 3.9 billion metric tons a year by 2015, according to a five-year plan for the coal industry released by the National Energy Administration at a briefing in Beijing today. The nation produced about 3.8 billion tons in 2011, according to Helen Lau, a Hong Kong-based analyst at UOB-Kay Hian Ltd.