13th Five-Year Plan to cut emissions
China announced a five-year plan with a huge investment in clean and renewable energy, aiming for a significant reduction in pollutants released into the air.
The investment could amount to $360 billion (2.5 trillion yuan) and create more than 13 million jobs, according to the 13th FiveYear Plan (2016-20).
The country has set an annual target of clean and renewable energy consumption that is equivalent of 580 million metric tons of coal, the National Energy Administration (NEA) said. It will help reduce emissions of carbon dioxide by 1.4 billion tons, sulfur dioxide by 10 million tons, nitric oxide by 4.3 million tons and dust by 5.8 million tons. Coal burning is a main cause of smog in northern regions.
Installed renewable power capacity covering wind, solar, hydro and nuclear power will account for 50 percent of new electricity generation capacity by 2020, the NEA said.