10 Chinese coal producers have joined a United Nations program to promote the development and deployment of clean coal technologies. This step aims to reduce emissions and environmental pollution. But some analysts believe it will take time for China to reduce reliance on coal.Last year, China consumed 2.7 billion tons of coal.
To combat the negative impacts, many domestic coal producers will now collaborate with the United Nations Global Compact Program. The Company has adopted a business model that emphasizes 0 emissions and no pollution.
Laohu song, GN, Shanxi Huangling Mining Group, said, "clean coal technologies can help us reduce solid waste by almost 300 thousand tons per year. Sulfur dioxide and emissions, we can also be reduced by 500 tons per year."
Adoption of clean coal technologies require a large mountain of capital injections. High initial costs have raised fears the feasibility of the investment pay off in the future. But belive people in the technology industry can accelerate their earnings growth.
Song also said, "Recycling can reduce the company's dependence on rail transport. So, there will be no emissions, no waste and no solid waste disposal. And our earnings will also be encouraged."
Georg Kell, Executive Director of UN Global Company, said, "I am very ... ... .. We encourage companies ... .."
The first 10 Chinese coal producers group of companies to join the UN Global Compact Program. They are entitled to use the UN as a platform to work with leading companies world to exchange information on technologies and business models.
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