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New credit for coal power

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Published: October 6th, 2021,
Last updated: October 6th, 2021

China’s banks are to provide more loans to operators of coal-fired power plants and coal mines, according to an order from China’s banking and insurance regulator. The aim is to overcome the country’s energy crisis and increase the production of coal-fired power plants, as Bloomberg reports.

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Raw materials Energy Sustainability Finance Coal Climate