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Energy & Environment

China to release plan on climate change

China will release an action plan on climate change in anticipation of next week’s Group of Eight industrialized nations meeting in Germany, the Financial Times reported. The potential new plan will increase use of renewable energy
and bio-fuels, and include measures to capture methane gas emissions
via methods such as carbon sequestration in efforts to mount a more aggressive international defense of its
environmental policies. China cut the amount of energy used per unit of economic output by 47% between 1991 and 2005, confirmed by the Paris-based International Energy Agency (IEA), but IEA reports also show that energy efficiency deteriorated in the
past four years as the country invested heavily in industries such as steel,
cement and aluminum. China is willing to accept both financial and technical assistance to improve its use of energy and cut pollution, and will attend the G8 meeting, along with four other developing
countries, as part of an “outreach session” with industrialized nations.

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