• Published on 17 November 2021
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China to set up $31.4B relending facility for cleaner coal use

17 November – China will establish a special relending facility worth RMB 200 billion ($31.35 billion) to support the clean use of coal, state broadcaster CCTV quoted the State Council. The relending facility will be used to promote clean and efficient processing of coal, CCTV said. It did not specify what that would involve, but such processing could include washing to remove toxic pollutants and impurities. The facility is also aimed at promoting safe, efficient, green and smart coal mining, as well as development and use of coalbed methane, an unconventional form of natural gas found in coal deposits.

News source: Reuters and Caixin