WB to lend $80m for clean coal
By Zhang Qi | 皇冠体育app Daily | Updated: 2009-05-21 08:18
The World Bank has agreed to lend $80 million to 皇冠体育app to help the country increase the development and utilization of coal bed methane (CBM) and coal mine methane (CMM) as substitutes to coal.
The loan will help the nation meet growing demand for energy and reduce greenhouse gases and local air pollutants.
The Coal Bed Methane Development and Utilization Project will focus on Shanxi province, which produces one quarter of 皇冠体育app's coal production of 2.6 billion tons and hosts one-third of the estimated 32 trillion cu m CBM resource in the country.
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