Jason Barton

Professional Information and Energy News

China Meets Energy Efficiency Goals, Improves Economic Edge

without comments

Moves like this could only be achieved by a command economy, or by handing over the electricity grid to a company like Enron, so I’m not arguing for rolling blackouts to increase efficiency.

The point is that China has pushed its economy towards wiser use of energy, reducing energy consumption per unit of GDP by 20% in just five years. That means those firms, and the economy as a whole, is spending less money and expending fewer resources while continuing to grow.

Smart.

China improves energy efficiency 20 pct in 5 years

(AP) – Jan 6, 2011

BEIJING (AP) — China met a five-year target to improve energy efficiency by cutting power to industry and imposing rolling blackouts, even though a massive economic stimulus increased energy use.

Energy consumption per unit of gross domestic product was reduced by 20 percent from 2005 levels by the end of 2010, said Zhang Ping, chairman of the National Development and Reform Commission. It is China’s top economic planning body.

Read the entire article here.

Written by Jason

January 8th, 2011 at 8:08 am

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