From CNN: China's reliance on cheap coal to fuel its economy cost a hidden $248 billion last year through damage to the environment, strain on the health care system and manipulation of the commodity's price, according to a report released by Greenpeace.
Coal accounts for more than 70 percent of China's energy use, helping to buttress the country's double-digit economic growth. But as demand for electricity has soared, supplies of coal have been strained -- and the government's role in keeping prices low has become more expensive..... Full Article: Source
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