China adopts law to boost renewable energy industry

December 27, 2009
Smoke belching from a coal powered power plant on the outskirts of Linfen, in China's Shanxi province. China's national assembly has signalled the country's commitment to reducing greenhouse gas emissions by adopting a law supporting its renewable energy industry.

China's national assembly Saturday signalled the country's commitment to reducing greenhouse gas emissions by adopting a law supporting its renewable energy industry.

The new law, an amendment to one on adopted by the National People's Congress standing committee, obliges electricity grid companies to buy all the power produced by renewable sources.

It also empowers the State Council's energy department, the electricity regulatory agency and its finance departments to determine the amount of renewable energy available in the country's overall power generating capacity.

Power companies will be obliged to take up all of that capacity, and those refusing to do so will be fined an amount up to double that of the economic loss of the renewable energy company, Ni Yuefeng, vice-president of the assembly's environmental affairs commission, told reporters.

The law was adopted after China was criticised for obstructing the adoption of a treaty on climate change during last week's international summit in Copenhagen.

The new law in fact showed China's commitment to reducing emissions, Ni said.

"The new law will help reduce its emission of greenhouse gases in a voluntary manner," Ni told a briefing.

Explore further: China passes Renewable Energy Law to boost clean energy industry

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1 / 5 (1) Dec 27, 2009
Obviously, they are going to lead the world.
1 / 5 (1) Dec 30, 2009
Next they'll force people to eat 5 servings of vegetables a day as part of their health care plan.

Unless the US beats them to it?
not rated yet Jan 09, 2010
Good move China!

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