New Energy in China
China has announced a creation of a high-level body to integrate its energy management, supervision and policies, functions that are currently dispersed among many government agencies. The following is basic information about the use of clean and renewable forms of energy that China has been promot...
+ MorePetroChina to invest 1.3 bln USD in new energy by 2010
PetroChina, the country's largest oil and gas producer, will invest 10 billion yuan (1.3 billion U.S. dollars) in building facilities for new energy production by 2010, a senior company official has said.Hu Wenrui, vice president of PetroChina, told a recent forum that the investment is expected to ...
+ MoreRenewable energy gets a boost
The country plans to spend around one-tenth of its 2006 GDP in the next decade or so to develop renewable energy and cut greenhouse gas emissions, the top economic planner revealed yesterday. "Overall, around 2 trillion yuan (US$265 billion) of investment is needed to meet the renewable energy ...
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