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Research on the Development and Transformation of China's Coal Industry Under the Background of Carbon Neutrality

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Research on the Development and Transformation of China's Coal Industry Under the Background of Carbon Neutrality


Li Tianyi | Wang Yue



Li Tianyi | Wang Yue "Research on the Development and Transformation of China's Coal Industry Under the Background of Carbon Neutrality" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-5, October 2024, pp.928-939, URL: https://www.ijtsrd.com/papers/ijtsrd70474.pdf

Realizing carbon peak by 2030 and carbon neutrality by 2060 has become a major national strategy. Coal is a long-term basic energy source in China, widely used in many fields, and has important economic and social value. However, with the increase in usage, environmental problems are becoming increasingly prominent, and coal development and utilization are also the main sources of greenhouse gas emissions in China. Coal enterprises urgently need to transform and develop, and the development of the coal industry also faces many challenges. Most coal enterprises still have a single business model of "mining and selling coal", without forming sustainable resource advantages and risk prevention capabilities. For this reason, our country has also formulated and introduced relevant policies. In this new situation, the coal industry will take the "dual carbon" work as the guide, collaborate to promote carbon reduction, pollution reduction, green expansion, and growth, accelerate low-carbon technology research and development, promote fundamental changes in coal utilization, and firmly adhere to the path of ecological priority, green, low-carbon, and high-quality development. This article will adopt the methods of literature analysis and model research to study how the government and enterprises should promote the development and transformation of China's coal industry under the background of carbon neutrality from the current situation, future development forecast, and related new energy technologies. The coal industry needs to adopt effective strategies to optimize the supply chain, improve operational efficiency, and actively explore market diversification to reduce dependence on traditional coal markets. At the same time, increasing investment in technological innovation and environmental protection, enhancing the competitiveness of coal, and seeking coordinated development with new energy will also be key directions for future development.

Carbon neutrality; Coal industry; Development forecast; New energy technology; Transformation measures


IJTSRD70474
Volume-8 | Issue-5, October 2024
928-939
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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