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China’s campaign to cut greenhouse gases

China to spend $27bn on energy efficiency and renewables Country plans to promote solar and wind power and develop hybrid technologies to cut carbon emissions guardian.co.uk,   25 May 2012  China plans to spend $27 bn (£17bn) this year to promote energyconservation, emission reductions and renewable energy.

The country’s finance ministry said it wants to promote energy-saving products, solar and wind power and accelerate the development of renewable energy and hybrid cars…..

In the long term, China is targeting to cut its greenhouse gas emissions by 40-45% by 2020, compared with 2003 levels and aims to boost its use of renewable energy to 15% of overall energy consumption.

Negotiators from over 180 nations are meeting in Bonn, Germany, until Friday to work towards getting a new global climate pact signed by 2015. The aim is to ensure ambitious emissions cuts are made after the Kyoto protocol expires at the end of this year. http://www.guardian.co.uk/environment/2012/may/25/china-renewable-energy-carbon-emissions

May 26, 2012 - Posted by Christina Macpherson | China, ENERGY