BEIJING – China has taken advantage of a drop in electricity demand due to the global financial crisis to speed up a campaign to close small coal-fired power plants and improve its battered environment, an official said Thursday.
Authorities have closed power plants with a total of 7,467 generating units, meeting a previously announced goal 18 months ahead of schedule, said Sun Qin, deputy administrator of the Cabinet's National Energy Administration.
"This couldn't be done when power demand was very intense," Sun said at a news conference. "Due to this financial crisis, the power generation has slowed down, so we took this opportunity to accelerate the shutdown."
Meanwhile, in this country even
slowing the pace of tar sands investment is off the table.
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