Archive for August 25th, 2010

China Closes 2,000 Manufacturing Operations to Help Meet Energy Reduction Targets

Aug 25th, 2010 | By Michael Bittner | Category: Analysis, News and Notes

China, the world’s largest energy user, ordered 2,000 industrial facilities producing steel, coal, cement, aluminum, glass and other materials to close their old and obsolete plants by the end of September. Facilities that fail to meet the regulatory deadline risk losing their pollution emission certifications, having their bank loans frozen, and having their power cut [...]