June 15, 2011

China Takes a New Interest in Energy Efficiency

The Chinese government is considering plans to subsidize the use of energy-efficient materials and renewable energy technologies in new buildings and is encouraging provincial and municipal governments to impose stricter efficiency standards than the national minimums, Chinese officials said Wednesday.

China’s heightened interest in saving energy, a response to electricity shortages and blackouts this year as well as longer-term security worries about dependence on energy imports, comes as the country’s construction industry continues to barrel ahead at a breathtaking pace. Last year, China consumed eight times as much cement as the world’s second-largest consumer, India, and it now leads the world in consumption of steel and other industrial materials by wide margins. Full story..

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