China’s carbon market may get stricter under a new proposal
Chinese regulators are mulling a deeper cut in new carbon quotas, a move that would make it more expensive to run small and inefficient coal power plants.
China is likely to become the first country in the world to start mining seabed minerals if the international rules for exploitation are approved next year.
Chengdu-based Tianqi reported a net loss of 53.9 million yuan ($7.62 million) for July-September 2019, versus net profit of 379.7 million yuan a year earlier.