Oct 26, 2006

China will invest 1.5 trillion capital for renewable power

China Daily:  yuan (US$187.5 billion) to increase the ratio of renewable energy consumption, said Wu Guihui, vice-director-general of the Bureau of Energy under the National Development and Reform Commission. Currently, 7.5 per cent of China's energy comes from renewable sources. The country's goal is to make it 10 per cent by 2010 and 16 per cent by 2020, revised from its initial goal of 20 per cent. "Within 10 years, we will see a population of 30 ... Link (via: EcologicalInternet.org - Glen Barry)