The world fifth big energy companies -- total recently the last mining subsidiary total South African coal company sold to South Africa Aisuo company, completely stripped of the coal business. Total choice is not the case, after the British, France some energy companies have made the same choice.
Beijing Business Daily: international energy companies out of the coal business is mainly due to the consideration, since 2012, coal prices continued to decline, the energy company's coal sector has been basically a loss. For some of the coal based enterprises, stripping or exiting the coal business has become an important measure to improve the performance. In addition, maintaining the company's image and the development of new energy is also an important factor in the energy giant's exit from the coal business. A mention of coal generally thought of pollution, carbon emissions, energy companies are now pay attention to their own image, to promote clean energy concept, coupled with a loss of coal business, the withdrawal is expected in the.
Business agency: @ Total announced its withdrawal from the coal market downturn is also an impact on the coal city coal industry. Coal market is not good, the company has a large area of losses, stripping the coal business can reduce losses, in exchange for cash flow, the limited funds to return to higher investment in the field. Coal industry in a state of excess capacity, enterprises to accelerate the peeling or reduce the coal business, will lead to the coal industry reduce investment in fixed assets, Yajian production to resolve overcapacity is undoubtedly a good thing. In the future may have more companies will be stripped of coal business.
China's environmental protection online: coal demand has become the norm, with the market, the promotion of coal, is still in the predicament of the coal sector will further deteriorate the operating performance of the coal sector. Specific to the country, at present, China's coal production capacity excess probably hundreds of millions of tons, small and medium-sized enterprises of coal exit influence is still relatively small, to yield the overall down, also need to large-scale coal enterprises to reduce production. Future trend should be a large coal enterprises to cut, small coal enterprises out of the exit.