September 5, 2007
From Planet Ark
China is able to set targets yet have no immediate obligations under the Kyoto protocol (ofcourse they will have future targets they won't be able to meet if they don't start acting now). This is in difference to Australia and the USA who have refused to join Kyoto so they don't have to set targets but have aspirational goals.
BEIJING - China plans to invest 2 trillion yuan (US$265 billion) in renewable energy by 2020, most of it corporate cash, to wean itself off polluting coal as it aims for cleaner growth, a top energy planner said on Tuesday.
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Read the article.
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