Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

We are all now connected by the Internet, like neurons in a giant brain.

 

Stephen Hawking

 

China to invest in energy saving industries to tackle pollution

RATE THIS! +8
Posted in Science on 15th Aug, 2013 03:49 AM by AlexMuller

China is to fast-track expansion and investment in energy saving technologies in an attempt to tackle its worsening pollution problems.

 

China's cabinet, the State Council announced plans on Sunday to make the energy saving sector a "pillar" of the economy by 2015. In a statement the council said that under the new plan the environmental protection sector will grow by 15% on average annually, reaching an output of 4.5 trillion yuan (£474 billion).

 

China's massive economic growth has come at a major cost to its environment and even its environmental ministry has described the country's environmental situation as "grim".

 

Under the plan, environmental protection industries will receive funding from the government in an effort to stimulate technological innovation. The funding will cover a wide range of technologies that address air, water and soil pollution including energy saving products, waste disposal, electric vehicles and pollution monitoring.

 

Many analysts welcomed the plan and some were quoted in the Chinese media as saying that it will create opportunities for investors and will give direction to the industry.

 

"It's good to see this and it's an indication that development of environmental protection and energy saving industry is a priority, since it's coming from the State Council," said Alvin Lin, China Climate and Energy Policy Director with the Natural Resources Defense Council in Beijing. The plan also includes policies, standards, pilot programmes, financing mechanisms and incentives, emissions and carbon trading said Lin.

 

However Lin believes that the plan is "vulnerable to being so broad as to be lacking focus and hard to implement.

 

"I think it could discuss more on the importance of implementing standards and policies in order to create the demand for the energy saving and environmental protection market, and the importance of accurate measurement and public reporting to ensure standards are met," he said.



Read original article » Back to category

Comments

Author: Guest
Posted: 2013-09-06
+0
8peCT0 Thank you ever so for you blog.Really looking forward to read more. Really Great. Reply
Author: Guest
Posted: 2013-09-12
+0
qCm0CC Im thankful for the post. Cool. Reply
Author: Guest
Posted: 2013-10-23
+0
ERZZFj Im obliged for the blog post.Much thanks again. Cool. Reply


 

Recent headlines

  • Posted in Software on 2017-05-28 10:02:31
    Is China Outsmarting America in A.I.?..read more
    Posted in Business on 2017-05-28 10:11:31
    Largest floating solar plant begins operations in China..read more
    Posted in Science on 2017-05-28 10:06:10
    Israeli scientists announce new treatment for ALS..read more
    Posted in Business on 2017-05-27 11:41:40
    Google reportedly launched an AI investment program..read more
    Posted in Software on 2017-05-27 11:31:03
    How chatbot artificial intelligence will evolve over the.....read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    Nanoparticle vaccine shows potential as immunotherapy to fight.....read more
    Posted by AlexMuller
    Obesity is top cause of preventable life-years lost, study shows..read more
    Posted by AlexMuller
    Light can be utilized to control gene function..read more
    Posted by AlexMuller
    Brain stimulation restores memory during lapses, research shows..read more
    Posted by AlexMuller
    Wax worm caterpillar will eat plastic shopping bags: New.....read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me