China Temporarily Cancels Coal-Import Tariffs, Which Will Boost Demand, Potentially Worsen Climate Crisis; Still, Market Guradrails Are Needed

China will temporarily lift import tariff on all types of coal from May 1 till the end of March next year, in a move to boost imports of the fossil fuel, according to a notice just released by the Ministry of Finance.#coalimport #Chinacoal #coaltariff pic.twitter.com/QBeEKP3E6J

— Harry Huo (@289888153Huo) April 28, 2022

CarrZee: While this is arguably bad news for the climate, consumers and voters need to be protected from short-term energy cost increases to help them get behind the climate transition

(Corrects typo in headline)