China Environmental Law

A discussion of China’s environmental and energy laws, regulations, and policies

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China Lets Market Set Coal Prices

December 10th, 2008 · 3 Comments

Here’s some welcome news. 
The National Development and Reform Commission (NDRC) said yesterday it would remove the pricing caps on coal from next year and adopt a market-oriented pricing mechanism.
The caps will be removed sometime in 2009 so that the cost of coal will reflect “the real demand and supply, the resource scarcity and environmental costs [...]

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