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Environmental lapses cost China coal-fired power producers $98 million

2015-12-14 11:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Violations of environmental regulations for scrubbing coal emissions have cost Chinese power producers 635 million yuan ($98.33 million) in lost subsidies and fines under new regulations that came into effect in 2014, the country's central planning commission said. Authorities confiscated or deducted 589 million yuan ($91.20 million) worth of environmental subsidies and fined companies 46 million for exceeding emissions standards, the National Development and Reform Commission said late last week....

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