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Ann: Shareholder Update, page-80

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    And the news keeps rolling in...

    China to expand coal ban to suburbs

    The world's biggest coal consumer will ban sale and burning of high-ash and high-sulphur coal in the worst affected regions including city clusters surrounding Beijing.

    ... Beijing ordered a ban last year against coal burning in its six central districts from 2020.
    Under the action plan, coal-fired industrial boilers will all shift to burn natural gas or clean coal by 2020...

    China has around 600,000 industrial boilers fueled by coal, most of them are in residential areas in northern China.

    The government will offer subsidies for clean fuels, it said, without giving details.

    Tue May 5, 2015
    http://www.reuters.com/article/2015/05/05/us-china-coal-idUSKBN0NQ15N20150505?rpc=401
 
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