China could top ‘green’ list
China will become the world’s largest renewable energy market by 2030 if it can double the ratio of such sources as solar and wind in the total energy mix to 26 percent, the International Renewable Energy Agency said.
The agency, in cooperation with the China National Renewable Energy Center, released a report in Beijing titled Renewable Energy Prospects: China, in which it said that using more such energy in China will improve millions of lives and save billions of dollars, taking into account the costs of healthcare and the savings achieved by reducing emissions.
In particular, it said, China can double its use of renewables in the power sector to 40 percent by 2030.
China’s energy consumption is expected to increase 60 percent by 2030.
Going on the block for auction in Beijing on Dec 4 is this Guan Gong statue made of prized hardwood huanghuali, or sandalwood, a tree species that needs 500 years to grow to maturity.