China Utilises Renewable Potential to Boost Economy

22 November 2010 (Last Updated November 22nd, 2010 18:30)

China has increased its wind power capacity 100% per year since 2006, a new report has revealed. The Annual Report on Actions to Address Climate Change, published by the Social Sciences Academic Press, observes that China has been using its green energy polices to rapidly develop

China has increased its wind power capacity 100% per year since 2006, a new report has revealed.

The Annual Report on Actions to Address Climate Change, published by the Social Sciences Academic Press, observes that China has been using its green energy polices to rapidly develop its renewable potential, according to the Xinhua News Agency.

By the end of 2009, the country's wind energy capacity was over 24 million KW, ranking second in the world after the US.

The country also plans to shut down incompetent high energy consumption industries, with about 1,259 small mines closed since mid-September 2009, overreaching its 2009 goal by 80%, according to the report.

The report also points to some obstacles in the renewable energy growth, including the belief by some local governments that economic growth and energy savings are incompatible, leading to investments in high energy consumption industries.