Subsidies to Coal Production in China
Published By: IISD on eSS | Published Date: December, 01 , 2015A further subsidy in the form of credit support was estimated to be between CNY 3.5 and 35.7 billion (USD 0.57 billion and USD 5.8 billion). The major subsidies included tax relief, investment in assets, compensation for mine closures and direct payments. The report finds that more transparency is needed to aid the process of subsidy reform in line with the government policy to reduce coal consumption.
Author(s): Clement Attwood, Ivetta Gerasimchuk, Richard Bridle, Hanjie Wang, Hao Xue | Posted on: Aug 02, 2016 | Views() | Download (105)