China spends CDM cash to help ease natural gas shortage

Published 10:21 on May 10, 2018  /  Last updated at 21:46 on May 10, 2018  /  China  /  No Comments

China’s CDM Fund has approved a 65 million yuan ($10 mln) loan to a Shanghai-based natural gas project in a bid to ramp up fuel supply seen as crucial to help bring down coal consumption and cut CO2 emissions.

China’s CDM Fund has approved a 65 million yuan ($10 mln) loan to a Shanghai-based natural gas project in a bid to ramp up fuel supply seen as crucial to help bring down coal consumption and cut CO2 emissions.

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