China further promotes renewable energy


China's utilities will be required to buy all the power produced by wind farms and other renewable sources under a new law meant to promote the industry and reduce heavy reliance on coal.


China is one of the biggest users of wind power and the government is trying to promote use of solar by promising to pay up to 70 percent of the cost of new systems.


Government goals issued in 2005 call for at least 15 percent of China's power to come from wind, solar and hydropower by 2020, up from 9 percent now. Officials say that target may be raised to 20 percent because the industry is developing so fast.


December 26th 2009


http://www.businessweek.com/ap/financialnews/D9CRKCJO0.htm

Related Videos

 

Featured Videos

More on the Nord Stream pipeline terrorist attack
No ! - look over here, at this weather balloon ; ) The 'Rules Based 'International' Order' - hmmmmm ...
International Surfing Festival, HaiNan 海南 – video
RiYue Bay, WanNing, 2012.
Planning war on China – part 23 – Angelo and Brian – 2021 to 2022 – don’t miss it
Geo-politics - 2021 review, and what might be in 2022. With The New Atlas - Angelo Giuliano and Brian Berletic ... Anything one hears on MSM, or social media, is probably BS. Real freedom is when there is a pause between propaganda and reaction - when one stops to first think (am I being duped?) ... Keep being real and sane is this crazy world. The world is full of richness. But insanely imbalanced in distribution. That's the reality, so long as the many are duped into believing that that is how it should be ! Into 2022, cherish what you have and love all around you. Always be above division and manipulation. In China, the people are family. In the West, the people are livestock. While China acts to build a better world, the West only strives to try to preserve its dominance. Sad, but true. Bonus film - with Pascal Coppens ...
Beautiful aerial tour of GuiZhou 大美贵州 …
Awesome ZhangJiaJie 张家界
ZhangJiaJie is one part of WuLingYuan National Forest Park in HuNan province, south China, and is a wonderland of strange peaks, stunning valleys, ancient trees, caves and waterfalls. There are over 500 scenic spots in this area of outstanding natural beauty; it is a UNESCO World Heritage site. In all, it covers around 700 square kilometers (270 square miles).
The exquisitely beautiful YuanYang rice terraces, YunNan province
A beautiful waterfall in YunNan - LuoPing JiuLong ...
YuLong River bamboo rafting
Near YangShuo and GuiLin, GuangXi province ...
Beautiful rainy night walk in ShangHai
With Wei's Travel ...
Beautiful musical fountains at the West Lake, HangZhou 杭州
ZheJiang province.

Tag search ?