China will cut import tariffs for all types of coal to zero from May 1, 2022, until March 31, 2023, the finance ministry said on Thursday, as Beijing strives to ensure energy security amid soaring global prices and supply disruption concerns. Top Chinese officials, including President Xi Jinping, have repeatedly addressed the vital role of coal in China’s energy mix despite climate pledges to gradually reduce coal use and to bring the country’s carbon emissions to a peak by 2030. Import tariffs for anthracite and coking coal, mainly used in steelmaking, will be cut to zero from the current 3%, and rates for other kinds of coal will be down from 3-6%. China imported 323.33 million tonnes of coal in 2021, about 8% of its total […]