Home Chinas bursting coal bubble raises fear of stranded assets
 

Keywords :   


Chinas bursting coal bubble raises fear of stranded assets

2015-03-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: China's love affair with coal has come to an abrupt end, with figures released last week showing that consumption fell in 2014 for the first time in 14 years. A combination of slowing industrial growth and a drive by the government in Beijing finally to take emissions and pollution seriously are the main drivers for the slump in the coal market. The shift in Chinas demand could signal that the worlds second-largest economy has reached peak coal, whereby the country will make a long-term...

Tags: fear assets bubble coal

Category:Electronics and Electrical

Latest from this category

All news

»
15.11TOMIX 98693 183B
15.11 6014
15.11WBC L
15.11SHY
15.11 brightMEMORY A1aime
15.11
15.11JOCHUM JO1 LAPONE
15.11
More »