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China to Boost Funding to Reduce Emissions at Coal Power Plants
China is planning to increase financial support for projects to reduce emissions at coal power plants through methods including burning biomass and green ammonia.
(Bloomberg) -- China is planning to increase financial support for projects to reduce emissions at coal power plants through methods including burning biomass and green ammonia. While coal’s share of power generation is shrinking amid a surge of new cheap wind and solar, government officials have said the fuel will remain essential to balancing those intermittent sources and providing energy security. In addition to projects that would blend in as much as 10% of carbon-neutral fuels like biomass or green ammonia, carbon capture technology could also be used, according to the release.
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