China to spend $27bn on energy efficiency and renewables

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 said China spurred a jump in global carbon emissions to...

URL: http://www.guardian.co.uk/environment/2012/may/25/china-renewable-energy-carbon-emissions
Enclosure: http://static.guim.co.uk/sys-images/Environment/Pix/columnists/2012/3/20/1332245331518/China-wind-power--Vehicle-006.jpg