News Snapshot:
Facebook China’s Inner Mongolia will end all cryptocurrency mining projects and stop reviewing new projects in industries which consume large amounts of energy, such as steel, coke and methanol production, as it attempts to meet energy efficiency targets. The region was the only one of 30 mainland areas under Beijing’s energy consumption and energy intensity review that failed to meet the targets in 2019, drawing criticism from the central government in September due to its poor achievement. Now China’s No. 2 coal mining region, a major energy consumer, aims to cap energy consumption growth at around 5 million tonnes of...
