MCLC: energy efficiency and renewables

[Denton, Kirk]

MCLC LIST
From: kirk (denton.2 at osu.edu)
Subject: energy efficiency and renewables
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Source: The Guardian
(5/25/12):http://www.guardian.co.uk/environment/2012/may/25/china-renewable
-energy-carbon-emissions

China to spend $27bn on energy efficiency and renewables
Country plans to promote solar and wind power and develop hybrid
technologies to cut carbon emissions
By Reuters

China plans to spend $27 bn (£17bn) this year to promote energy
conservation, emission reductions and renewable energy.

The country's finance ministry said it wants to promote energy-saving
products, solar and wind power and accelerate the development of renewable
energy and hybrid cars.

China is the world's biggest emitter of carbon dioxide, followed by the
United States.

A report by the International Energy Agency (IEA) on Thursday
<http://www.iea.org/newsroomandevents/news/2012/may/name,27216,en.html>
said China spurred a jump in global carbon emissions
<http://www.guardian.co.uk/environment/carbon-emissions> to their highest
ever recorded level in 2011, offsetting falls in the US and Europe.

However, its CO2 emissions per unit of GDP, or its carbon intensity, fell
by 15% between 2005 and 2011, the IEA said, suggesting the world's
second-largest economy was finding less carbon-consuming ways to fuel
growth.

In the long term, China is targeting to cut its greenhouse gas emissions
by 40-45% by 2020, compared with 2003 levels
<http://www.guardian.co.uk/environment/2009/nov/26/china-targets-cut-carbon
-footprint> and aims to boost its use of renewable energy to 15% of
overall energy consumption.

Negotiators from over 180 nations are meeting in Bonn, Germany, until
Friday <http://unfccc.int/meetings/bonn_may_2012/meeting/6599.php> to work
towards getting a new global climate pact signed by 2015. The aim is to
ensure ambitious emissions cuts are made after the Kyoto protocol expires
at the end of this year.