Sustainable Energy in China

Download or read book Sustainable Energy in China written by Noureddine Berrah and published by World Bank Publications. This book was released on 2007 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's remarkable economic growth has been supported by a generally adequate and relatively low-cost supply of energy, creating the world's largest coal industry, its second-largest oil market, and an electic power business that is adding capacity at an unprecedented rate. However, in fueling that impressive economic growth, the energy sector has increasingly stressed the natural environment, placed heavy demands on domestic energy sources, and exposed the country to risks of dependence on foreign petroleum supplies. This publication assesses China's future energy requirements and the resources to meet them. It calls for a high-level commitment to develop and implement an integrated, co-ordinated and comprehensive energy policy, based on eight building blocks to reduce energy consumption growth well below the targeted rate of economic growth, to use national resources on an economically and environmentally sound basis, and to establish a robust energy system that can better ensure the security of a diverse supply of competitively priced energy forms.