The Chinese are expanding their nuclear capacity and attempting to
cap their coal consumption.
Li argued that the best way for China's emissions to peak is for the government to
cap coal consumption in the next five - year plan.
Not exact matches
As a result, a
cap - and - trade system's effect on the cost of
coal use would be significantly greater than its effect on the cost of gasoline or natural gas
consumption.
Learn to read: BEIJING, Nov. 19 (Xinhua)-- China on Wednesday issued an energy development plan to
cap primary energy
consumption at 4.8 billion tonnes of standard
coal equivalent per year by 2020.
Consequently, the research report calls for action: (1) to reform electricity markets so that low cost renewables are dispatched first; (2) to extend robust moratoriums on new
coal power plants; (3) to
cap longer - term
coal consumption and emissions in the power sector in the context of carbon markets.
Post
Cap & Trade, added operating costs from high
coal consumption will provide a long - term incentive for manufacturers to move good paying jobs to «green power» states.
Key features: China would
cap absolute
coal consumption by 2020 at 4.2 billion tonnes, and
coal's share of the mix would be reduced to less than 62 per cent by 2020, from the current level of 66 per cent.