China wants to stop energy-guzzling industries
May 27, 2007 (Khaleej Times)
China’s National Development and Reform Commission
China's rising consumption (click to enlarge)
The National Development and Reform Commission announced it will remove preferential policies for disproportionately large energy-consuming industries.
- Announcement made May 27.
- Energy consumption fell 1.23 percent in 2006, less than 1/3 of 4% goal.
Announcement came from Beijing, applying to China nationwide.
Part of a pattern of rising consumption (click to enlarge)
- The announcement is seen as one among many steps China is taking to get skyrocketing energy consumption under control.
- Primary targets: power, steel, oil refinery, chemicals, construction materials and metals industries, 70% of industrial energy.
- Preferential programs scrutinized: tax holidays, cheap use of government land.
“The Chinese government set a goal of reducing energy consumption per unit of gross domestic product by 20 percent by 2010, but failed miserably in 2006, the first year of implementation.”