CHINA PREMIER COMMITS TO NEW ENERGY

Wanna find out what America's wild west was like? Get into New Energy in China.

China’s Wen puts emphasis on green growth
Benjamin Kang Lim and Chris Buckley, March 4, 2007 (Reuters via Yahoo News)

- China will do more to save energy and cut pollution in 2007 while striving to keep its economy humming following four straight years of double-digit growth, Premier Wen Jiabao will say…In his annual report to the National People's Congress…The need to shun growth for growth's sake and to make China's economy greener and leaner is a recurring theme…
- China managed to reduce the amount of energy it used per unit of output by just 1.23 percent last year, well short of its 4 percent goal, and could overtake the United States as the biggest emitter of greenhouse gases as early as 2009…the government is working on the assumption that GDP will grow by about 8 percent this year, the same target it set last year, when GDP actually rose 10.7 percent…this year's growth outcome might also be wide of the mark, but…has been set to signal the importance of increasing efficiency, saving energy, cutting pollution and avoiding the blind pursuit of growth…