Government Plan to Promote Reform in Energy Production and Consumption
On the 25th of April, China’s top economic planner called for the implementation of a government plan to promote reform in energy production and consumption.
The plan, issued by the National Development and Reform Commission (NDRC), aims at reducing China’s total energy consumptionby 6 billion tons of coal equivalent before 2030. It will be executed through the aim of optimizing the energy mix and ensuring energy security.
According to the plan, non-fossil energy should account for 20 % of China’s energy consumption by the end of 2030. In addition, the plan states that carbon dioxide (CO2) emission per unit of GDP should be reduced to 65 % of the 2005 emissions’ level. Advanced technology, sound market mechanisms and strong legal support are seen as key tools to reach these targets.