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China Plans Regional Goals to Cut Carbon Emissions (Update1)
2010-08-10 09:07:10.271 GMT
(Updates with names of provinces in second paragraph.)
By Bloomberg News
Aug. 10 (Bloomberg) -- China, the world's biggest polluter,
plans to set regional targets for some provinces to reduce their
greenhouse gas emissions under a climate program aimed at
developing a "green" economy.
The country aim to start trial runs on low-carbon projects
in eight cities including Tianjin, Chongqing and Baoding and
five provinces such as Guangdong and Shaanxi, the National
Development and Reform Commission said in a statement on its
website today.
China has pledged to reduce by as much as 45 percent its
carbon-dioxide output per unit of gross domestic product by 2020
compared with 2005 levels. The central government is trying to
show it is considering every option to tackle a pollution
problem that is becoming a topic of "animated" public
discussion, Ken Dewoskin, a director of Deloitte LLP's China
Research and Insight Center, said in an interview.
The local governments that will implement the trial
projects will study market-based mechanisms to meet the gas-
emission targets, the NDRC said, without elaborating. They will
also accelerate the development of "low-carbon" technologies
and renewable energy projects, it said.
The local authorities have been told by the NDRC, China's
top economic planning agency, to submit specific proposals by
the end of this month, it said. The five provinces, which also
include Hubei, Liaoning and Yunnan, and eight cities that cover
Shenzhen, Xiamen, Hangzhou, Nanchang and Guiyang must include
"actionable targets" to control emissions in their five-year
development plans through 2015, it said.
--Wang Ying and Baizhen Chua. With assistance from Stuart Biggs.
Editors: Jane Lee.
To contact Bloomberg News staff on this story:
Ying Wang in Beijing at +86-10-6649-7562 or
ywang30@bloomberg.net.
To contact the editor responsible for this story:
Amit Prakash at +65-6212-1167 or
aprakash1@bloomberg.net;
