. Why China has to ration electricity and how that could affect everyone « JO LEE MAGAZINE

NPR/”Coal consumption shot up like crazy in the first half of the year because of a very energy-intensive, industry-driven recovery from the COVID-19 lockdowns,” says Lauri Myllyvirta, lead analyst at the Centre for Research on Energy and Clean Air in Helsinki.

Now thermal coal has tripled in price on some commodities exchanges. About 90% of coal used in China is domestically mined, but mining volumes from some of China’s northern provinces have dropped by as much as 17.7%, according to respected Chinese financial magazine Caijing.

More at NPR





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