Report: Renewable power key to "green growth"

Links: http://www.syntao.com/E_Page_Show.asp?Page_ID=4213

China can achieve economic growth without degrading the environment, by using renewable energy and raising energy efficiency, an energy investigation report has said.

    The report, Energy Revolution: A Sustainable China Energy Outlook, was released yesterday in Beijing. It is part of a global study called Energy Revolution being undertaken by Greenpeace and the European Renewable Energy Council (EREC).

    "Our report shows that China can maintain economic growth and stabilize its carbon dioxide (CO2) emissions at the current level by 2050," Sven Teske, an energy expert with Greenpeace International, said.

    "However this is only possible if industrialized countries and developing countries work together to shift new investment away from fossil fuels toward energy efficiency and renewable energy."

    China now releases about 5 billion tons of CO2 a year.

The report took into account the development necessity of China and highlighted its energy saving plan, which aims to cut energy consumption per unit of gross domestic product (GDP) in 2010 by 20 percent of the 2005 level, as part of the world's efforts to mitigate climate change.