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Instead of phasing down coal the world is burning more than ever
Last November in Glasgow, the world’s climate leaders were locked in a fierce debate over whether the final draft of the summit’s agreement should include a pledge to “phase-out” or “phase-down” coal. |
The main projects of Brazil's Vale
Although Brazilian miner Vale is focusing on cost control in response to the global economic slowdown, it also advances key projects. |
Steelmaker Ternium reports 80% drop in earnings
Steelmaker Ternium, controlled by Italian-Argentine group Techint, saw its Q3 net income fall by more than 80% year-on-year to US$220mn. |
China's hydrogen energy sector advances amid green transformation
By 2025, the country will have about 50,000 hydrogen fuel-cell vehicles and its annual hydrogen production from renewable energy will reach 100,000 to 200,000 tons. |
China's Heilongjiang sees foreign trade up 30.5% in Jan-Sept
The province also saw a growth in the import of agricultural products, iron ore, mechanical and electronic products, and sawn timber. |
China sees railway freight, tracks and investment increase
In addition, more railway lines were opened and more investment was made in railway construction to help stabilize the economy. |
More cargo transported via rail
Coal made up the bulk of that cargo — about 1.1 billion tons — up 17 percent year-on-year. |
Raw material consumption not included in energy controls
Energy consumption used as raw materials rather than fuel and power will not be included in total energy consumption control. |
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