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Chinese Region Promotes Coal Chemicals as Energy Security Fix

Chinese Region Promotes Coal Chemicals as Energy Security Fix
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Chinese Region Promotes Coal Chemicals as Energy Security Fix One of China’s top coal-producing regions plans to expand use of the feedstock to manufacture chemicals, even as the practice poses a rising threat to the country’s climate goals. The Iran War has boosted the coal-to-chemicals industry’s economics by raising the price of oil. Local officials are touting it as a key source of energy independence for China.

Chinese Region Promotes Coal Chemicals as Energy Security Fix One of China’s top coal-producing regions plans to expand use of the feedstock to manufacture chemicals, even as the practice poses a rising threat to the country’s climate goals. The Iran War has boosted the coal-to-chemicals industry’s economics by raising the price of oil. Local officials are touting it as a key source of energy independence for China.
Chinese Region Promotes Coal Chemicals (ORG) China (LOCATION) The Iran War (EVENT)
Originally published by Bloomberg Markets Read original →