News Update
Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.
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| China launches coal contingency reserve plan |
| China Daily, 2 June 2011 |
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China's National Development and Reform Commission (NDRC) released new guidelines for the nation's coal contingency reserves on Wednesday, China Securities Journal reported. The guidelines include regulations about qualifications for reserve companies and the circumstances under which reserves should be used. Coal mines with an annual output of more than 20 million tons and electricity companies which have an annual capacity of more than one million kilowatts can apply for the reserve qualification.
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