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by Staff Writers Beijing (AFP) Dec 17, 2019
Fourteen miners were killed Tuesday in a coal and gas blast at a mine in southwest China, leaving two people still trapped underground, authorities said. The accident in the early hours of Tuesday is the latest in a series of mining incidents in China, where safety regulations are often poorly enforced. Two people were still trapped underground after the blast at Gaunglong coal mine in Anlong county, Guizhou province, said the Southwest Guizhou Autonomous Prefecture government. Seven workers were lifted to safety after the accident and rescue work was ongoing, according to local authorities. The accident in Guizhou came days after flooding in a mine in southwest China's Sichuan province killed five and trapped 13 miners underground. State broadcaster CCTV said 347 miners were working underground at the Shanmushu coal mine owned by Sichuan Coal Industry Group in Gongxian county when the flood happened on Saturday. Last month at least 15 were killed in a mine blast in north China's Shanxi province, which an official said was caused by activity that "broke the law and regulations". At a meeting in November, the State Council -- China's cabinet -- ordered a "special crackdown on production-related safety issues" to "further improve workplace safety", state media reported.
Credit Suisse vows to stop financing new coal-fired power plants Zurich (AFP) Dec 11, 2019 Credit Suisse announced Wednesday that it will no longer finance any new coal-fired power plants as the financial sector faces increased calls to support global efforts against climate change. "The bank has decided to no longer provide any form of financing specifically related to the development of new coal-fired power plants," Switzerland's number two bank said in a statement ahead of an investor conference. Credit Suisse recognises its "share of responsibilities in addressing the challenges ... read more
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