China's Aim to Reach Energy Goals in 2010

CHINA’S five year energy saving and emission reduction goals will be put at the forefront throughout 2010, aiming to meet their targets ahead of global talks at the end of the year.

“We would lose the trust from the international community and be pressured during the global climate talks in Mexico at the end of this year if we could not fulfill the goals," Xie Zhenhua, deputy head of the powerful National Development and Reform Commission, told a recent government meeting.

Environmental ministers from around the world are to meet at the United Nation climate talks in Cancun, Mexico, from 29th November to 10th December 2010 due to the Copenhagen summit in 2009 not reaching a binding deal.

China has vowed to cut energy intensity by 20% by the end of 2010.

Power tariff surcharges will be raised for some energy intensive firms by 50 to 100% from June 1, while reducing power price discounts to certain industries and imposing disciplinary high power rates on inefficient firms, in an effort to prevent expansion in energy-guzzling and polluting industries.

China's central government will organise checks beginning in June to stop unauthorised power price discounts and to make sure its power pricing policies are being followed across the country.

Tuesday 25th May 2010


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