Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4587)	3/23/2005 4:23:27 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China To Spend $780 Million To Curb Sulfur Dioxide Emissions March 22, 2005 -- To reduce emissions by 650,000 tons at 31 of the biggest plants, China plans to invest 6.43 billion yuan ($780 million dollars) to curb sulfur dioxide emissions spewing from the coal-fired power plants that are fueling its economic growth, state media said March 21. According to the National Bureau of Statistics, China's coal consumption increased 13.6% to 1.58 billion tons in 2003, with sulfur dioxide emissions jumping 15.75%. With more than 60% of China's power plants burning coal to generate electricity, coal consumption is expected to reach 1.8 billion tons this year. Accordingly, sulfur dioxide emissions are forecast to increase by six million tons to nearly 20 million tons in 2005, the report said. China, the world's second biggest greenhouse gas emitter after the U.S., is a member of the Kyoto Protocol but with a developing country tag it does not have to meet specific targets for cutting emissions. At the Bonn conference on renewable energy last June, China pledged to increase its installed renewable energy generating capacity to about 60 gigawatts by 2010, about 10% of total power capacity. Copyright Agence France-Presse, 2005 industryweek.com