Wednesday, August 22, 2012

China to Spend $372 Billion on Cutting Energy Use, Pollution

Reuters: China will plough $372 billion into energy conservation projects and anti-pollution measures over the next three-and-a-half years, part of a drive to cut energy consumption by 300 million tonnes of standard coal, the country's cabinet said Tuesday. A report from China's State Council, or cabinet, said the investments will take China almost halfway to meeting its target to cut the energy intensity 16 percent below 2010 levels by 2015. The government has earmarked $155 billion of the money for...

URL: http://www.chicagotribune.com/business/sns-rt-us-china-energybre87l019-20120821,0,3127274.story
Enclosure: http://snsimages.tribune.com/media/photo/2012-08/71909190.jpg

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