China’s Energy Game Plan Features a Giant Coal-Hauling Rail Line
- New coal line juxtaposes with nation’s shift to clean energy
- Haoji delivers from north to south, cutting seaborne volumes
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There’s nothing quite like a massive coal rail to demonstrate China’s loyalty to the dirtiest of fossil fuels.
Almost a decade in the making, the nearly $30 billion Haoji Railway will start around the end of this month and eventually haul as much as 200 million tons from key producing regions in the north to consumers in the south. That’s more than Japan uses in a year and could cut China’s domestic seaborne coal trade by 10% in the long run, Fenwei Energy Information Services Co. forecasts.