China could top ‘green’ list

China Daily (Canada) - - NEWSCAPSULE -

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.

PRO­VIDED TO CHINA DAILY

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.

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