06 June 2006

China: Renewable Energy in its Future?

China, the world’s second-largest emitter of greenhouse gases, surprisingly has emerged as a powerhouse in renewable energy, according to US News & World Report this week:

By 2020, China's government pledges, 10 percent of its gross energy consumption will be renewable -- a huge increase from the current 1 percent. (New law took effect Jan. 1, 2006.)

China's renewable energy market is expected to grow to $100 billion over the next 15 years.

Solar panels dot Beijing rooftops and Summer Olympics 2008 may be the greenest games ever.

“While China is most commonly known as a voracious consumer of energy…[it] is quietly becoming a world leader in developing renewable energy sources and technology,” according to the article by reporter Bay Fang.

Read the full story at USNews.com

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