China: Dependence on oil needs to be cut, says panel
The central government is working on a long-term plan to increase the use of alternative fuels to reduce the dependence on oil.
Coal gas and renewable energy sources such as biomass and solar power are expected to become "major alternatives," according to the National Development and Reform Commission (NDRC).
Wu Yin, a senior energy official with NDRC, said at a weekend meeting that the recommendations of a national leading group from several cabinet departments are part of an "oil alternative strategy."
He said "the essence of the report" will be incorporated in China's 11th Five-Year Plan (2006-10), which will be discussed at the annual session of the National People's Congress the supreme legislature next month.
China aims to raise the ratio of renewable energy in total consumption to 13 per cent by 2020, up from the current 7 per cent.
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Coal gas and renewable energy sources such as biomass and solar power are expected to become "major alternatives," according to the National Development and Reform Commission (NDRC).
Wu Yin, a senior energy official with NDRC, said at a weekend meeting that the recommendations of a national leading group from several cabinet departments are part of an "oil alternative strategy."
He said "the essence of the report" will be incorporated in China's 11th Five-Year Plan (2006-10), which will be discussed at the annual session of the National People's Congress the supreme legislature next month.
China aims to raise the ratio of renewable energy in total consumption to 13 per cent by 2020, up from the current 7 per cent.
( For the complete story, Click here )
posted by Oil Shock at 10:47 PM
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