Website review: Massive capital for renewable power

laodan laodan discovered this in Energy Industry 2 reviews since Oct 26, 2006
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laodan
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laodan discovered 21 months ago
China: Massive capital for renewable power in China Daily by Xie Chuanjiao China will invest 1.5 trillion 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 million, in all the remote rural areas, have access to electricity, mainly from renewable energy-powered projects," Wu told the Great Wall World Renewable Energy Forum & Exhibition on Tuesday in Beijing. URL: Massive capital for renewable power
Encouraging signs coming from the South but why is the North so slow?



SoapyD rated 21 months ago
From the page: "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."

I'm sure the US is probably behind this, especially in terms of government investment.
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