The Huaneng Group, one of five big Chinese state utilities, is building a $1.9 billion 4 gigawatt coal and power project in the northwestern region near the city of Qingyang, with the aim of delivering its electricity to the east of the country. The Zhengning Power Plant Project, which was revived in July four years after it was put on ice, encapsulates the competing pressures that lie behind China's economic and climate policies. President Xi Jinping surprised the world last week by pledging China would aim for "carbon neutrality" by 2060, but Beijing remains worried about energy security, jobs and growth, especially as the economy recovers from the COVID-19 pandemic.
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