Report: China drafts 10-year 'green energy' plan

In Business Week, March 2 2010

China plans to have "clean energy" account for 15 percent of its total consumption under a 10-year renewable energy promotion program soon to be made public, a state-run newspaper cites the head of the country's National Energy Administration as saying.

The government will spend billions of dollars on building nuclear and solar power plants, wind farms and on research into renewable energy technology, Zhang Guobao said in Tuesday's edition of the China Daily.

The plan would accelerate efforts already under way to help ease reliance on expensive oil imports and heavily polluting coal, which fuels about three-quarters of China's electricity generation.

It also is in line with Beijing's pledges to rein in output of greenhouse gases by reducing China's carbon intensity -- its use of fossil fuels per unit of economic output -- by 40 to 45 percent by 2020.

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