2010/12/18

Fwd: China to Cut 6 Bln Tons of Carbon Emissions by 2020, Zheng Says

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China to Cut 6 Bln Tons of Carbon Emissions by 2020, Zheng Says
2010-12-18 02:34:32.803 GMT


By Bloomberg News
Dec. 18 (Bloomberg) -- China, the world's largest power
producer, will reduce as much as 6 billion tons of carbon
emissions by 2020 to meet its energy intensity target, Zheng
Fangneng, director of the energy and transport division of the
high-tech department in China's Ministry of Science and
Technology, said today in a conference in Beijing.
The country aims to cut carbon emissions per unit of gross
domestic product by 40 to 45 percent by 2020.
China allocated 3 billion yuan solar subisidies in 2010,
Zheng said. This represents an increase of 50 percent from the
financial assistance for the industry last year, according to
Zheng.



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Feifei Shen in Beijing at +86-10-6649-7528 or
fshen11@bloomberg.net

To contact the editor responsible for this story:
Paul Tighe at +612-9777-8626 or
ptighe@bloomberg.net