[Peakoil] PRC Poor start on energy goal

[Antony Barry]

PRC Poor start on energy goal

Source: People's Daily

"A good start is crucial if PRC wants to meet the target of cutting  
energy intensity by 20 percent in five years. However, a lack of  
progress in improving energy efficiency in the first half of this  
year requires policymakers to face the issue with a greater sense of  
urgency. The fact that the Chinese economy continues to roar ahead at  
the expense of energy efficiency implies that shaking off this  
reliance on excessive growth may be harder than expected.

Theoretically, it is easier to increase energy efficiency through  
technological progress and industrial restructuring from a lower  
starting point. And that may partly explain the authorities' previous  
confidence in achieving a 4 percent cut. But the reality is that the  
country is still far from being able to embrace a new growth pattern  
that is not only environmentally friendly and sustainable but also  
more efficient in terms of energy use."

Full article: http://english.peopledaily.com.cn/200607/27/ 
eng20060727_287166.html

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