TechFlow News - According to Cailian Press, the Inner Mongolia Autonomous Region Development and Reform Commission recently issued the "Several Safeguard Measures for Ensuring the Completion of the '14th Five-Year Plan' Dual Control Targets of Energy Consumption (Draft for Public Comments)", planning to comprehensively eliminate virtual currency mining projects, with all such operations to be shut down by the end of April. Meanwhile, the construction of new virtual currency mining projects is strictly prohibited. Inner Mongolia has set its 2021 dual energy consumption control targets: a 3% reduction in energy consumption per unit of GDP, controlling the increase in energy consumption to around 5 million tons of standard coal, keeping the growth rate of total energy consumption at approximately 1.9%, and reducing energy consumption per unit of industrial added value (equivalent value) by more than 4%. The public comment period runs from February 25, 2021, to March 3, 2021.
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