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China Rapping Up Big Coal
“China’s economic planner, the National Development and Reform Commission (NDRC), has outlined a number of measures to resolve the problem of power cuts, with energy supplies in the northeast of the country as its main priority this winter.
The measures include working closely with generating firms to increase output, ensuring full supplies of coal”
“The China Electricity Council, which represents generating firms, has also said that coal-fired power companies were now expanding their procurement channels at any cost, in order to guarantee winter heat and electricity supplies.
However, finding new sources of coal imports may not be straightforward.”
This might be problematic as Australia and China are now at each other’s throats.