From The Australian:
CHINA Shenhua Energy, the world’s biggest coal company, is predicting a 10 per cent cut in domestic coal sales this year because Chinese power companies are moving away from coal, says Tim Buckley of the US-based Institute for Energy Economics and Financial Analysis.
…Mr Buckley said the Shenhua cutback prediction has negative implications for Shenhua’s controversial planned Watermark coalmine on NSW’s Liverpool Plains.
