A special reloan of 200 billion yuan was issued to support the clean and efficient use of coal

New members were added to the special re-loan

CITIC Securities FICC chief analyst Mingming stated in an interview with the "Securities Daily" reporter that under the "dual carbon" goal, the clean and efficient use of traditional energy is an important way to promote carbon emission reduction

Form a two-pillar green carbon emission reduction policy in the short, medium and long term

According to the arrangement of the National Standing Committee, the 200 billion yuan special re-loan established this time will specifically support the safe, efficient and green intelligent mining of coal, the clean and efficient processing of coal, and the clean and efficient use of coal and electricity in accordance with focused, more operable requirements and market principles.

Obviously, the scale of special refinancing of 200 billion yuan is basically the same as that of conventional new refinancing.

In terms of specific methods, national banks independently issue preferential loans to projects within the scope of support that meet the standards.

It is worth mentioning that, according to the relevant rules of the carbon emission reduction support tool, the target of its distribution is tentatively determined to be a national financial institution

In this regard, Tao Jin, deputy director of the Macroeconomic Research Center of the Suning Institute of Financial Research, told a reporter from the Securities Daily that on the one hand, national banks are larger in size, more familiar with the use of monetary policy tools, and communicate with the People’s Bank of China more smoothly.

At the same time, Tao Jin said that from the past, policy tools such as re-lending have achieved better results, and objectively, they can form targeted liquidity in a timely manner

　　Safe coal supply is guaranteed this winter and next spring

　　In order to ensure a safe and stable supply of coal, since September this year, many ministries and commissions have intensively acted
.
For example, the National Development and Reform Commission and relevant parties have done a solid job of increasing production and supply, alleviating the contradiction between supply and demand in the market, and promptly carry out coal price control, coal enterprise production cost surveys and price supervision, and promote the return of the coal market to rationality and the return of prices to a reasonable range
.

　　The policy effect has already appeared
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According to the National Bureau of Statistics, the national coal output in October was 360 million tons, a year-on-year increase of 4%
.
Judging from the scheduling situation, coal production has continued to increase steadily since November
.
At the same time, coal reserves in power plants continued to increase
.
Since October, the coal supply of power plants has continued to exceed coal consumption, and coal storage has accelerated.
On November 14, the power plant stored 129 million tons of coal, which is expected to exceed 140 million tons by the end of November.
It is currently available for 22 days, an increase of 9 days from the end of September.

.
Among them, the coal storage of power plants in the three northeastern provinces exceeded 14 million tons, more than double that at the end of September, and the available days reached 31 days
.

　　Obviously believes that in the long run, China does not have the basis for a long-term shortage of coal and electricity resources
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In the short term, policies are intensively introduced, and coal companies' operating rates and inventories have increased
.
In addition, the carbon emission reduction support tool is "additional" and will not blindly draw off loans for coal power plants, coal companies, and projects
.

　　"With the continuous increase of national coal production and market supply, the level of coal supply and storage at power plants and coal storage at ports will be further improved, and safe coal supply can be reliably guaranteed this winter and next spring
.
" A spokesperson for the National Development and Reform Commission.
Meng Wei said a few days ago that the next step will be to supervise nuclear increase coal mines to organize production according to the nuclear increase production capacity, supervise the resumption of production of coal mines to stabilize production, and strengthen the supervision of the performance of medium and long-term coal contracts, further improve the level of performance, and strengthen the coordination of coal transportation
.
(Reporter Liu Qi, trainee reporter Yang Jie)

Transfer from: Securities Daily