CHINA TOPIX

12/23/2024 05:58:07 am

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biomass power plant

Old yuan notes end up being shredded and burned to generate electricity

China Produces Electricity from Burning Money

Ever wondered where all the old yuan Banknotes ends up? Well, in order to produce biomass-generated electricity, mutilated currencies amounting up to 100 billion yuan ($15.67 billion) are being shredded then burned at Yancheng city in Jiangsu Province.

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