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IEA: China part of new green frontier

Posted on 10 December 2012

With oil and gas demand shifting to eastern economies, the IEA said China could account for as much as 40 percent of the global renewable energy growth. China has a five-year development plan to limit coal production and use by 10 percent of 2011 levels by 2015. The International Energy Agency said China aims to double the amount of natural gas it uses by 2015.
The official Xinhua news agency this week reported that China’s development plan through 2015 calls for the addition of 123 trillion cubic feet of proven conventional natural gas reserves. ……………………………………….Full Article: Source


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