SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : China Warehouse- More Than Crockery

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealMuLan who wrote (4479)2/28/2005 5:55:41 PM
From: RealMuLan  Read Replies (1) of 6370
 
China passes Renewable Energy Law to boost clean energy industry
www.chinaview.cn 2005-02-28 22:42:51

BEIJING, Feb. 28 (Xinhuanet) -- Chinese top legislature passed Monday the Renewable Energy Law to ease the energy strain, secure the country's energy security and better protect ecological environment.

The bill on renewable energy was deliberated a second time during the 14th session of the Standing Committee of the National People's Congress (NPC) from Feb. 25 to 28.

Mao Rubai, director of the Environment and Resource Protection Committee of NPC, said China must vigorously develop renewable energy, because rapid economic development had caused energy shortages, heavy pollution and dependence on imported energy.

In 2003, China's renewable energy consumption accounted for only 3 percent of the country's total energy consumption. The government plans to lift up the figure to 10 percent in 2020.

According to the law, renewable energy includes hydroelectricity, wind power, solar energy, geothermal energy and marine energy, all of which should be taken consideration in the state and local development plans.

The law offered a series of favorable policies for developing renewable energy. For instance, the law demanded all state grids to purchase renewable energy, even though the cost is high. In this way, people's enthusiasm of developing renewable energy couldbe enhanced. Enditem

news.xinhuanet.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext