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May 19, 2011

China to Tax the Most Energy-Hungry of Industries (Reuters)

By Mridul Chadha April 5, 2011 China will impose tax on energy usage of eight industrial sectors which have the highest energy usage in the country. The eight sectors include iron & steel, aluminum and cement. The Chinese agencies have divided the industrial units into two categories, seemingly according to their energy usage and efficiency. The units which lag others in energy efficiency and has very high energy usage will be taxed yuan 20 per kWh of the electricity consumed. While the second category of relatively more efficient units will face a surcharge yuan 5 per kWh of electricity consumed. The energy tax is the latest in a series of efforts launched by the Chinese agencies. China had announced that it aims to reduce its carbon intensity (carbon emissions per unit GDP) by 20 percent by 2020 from 2005 levels. As an intermediate goal, China aims to reduce carbon intensity by 17 percent between 2011 and 2015.
Feb 8, 2011

Energy efficiency of China’s energy intensive sectors up 20 pct in past 5 years: NBS (China Business News)

February 8, 2011 The energy consumption per unit of gross domestic product (GDP) for China’s major energy intensive industries decreased by more than 20 percent during the 2006-2010 period, the statistics authorities have reported. The National Bureau of Statistics (NBS) attributed the rising energy efficiency for the industries to the government’s growing investment in energy savings, and the accelerated energy-saving technological upgrading for the sectors.
Sep 22, 2010

China Slashes Energy Use, Carbon Emissions with Industrial Efficiency

Five years ago, the Chinese government adopted aggressive targets to improve energy efficiency in the industrial facilities responsible for most of China's energy use and carbon emissions. In the fall of 2009, ClimateWorks met with provincial leaders and technical experts in Shandong Province to learn how these industrial efficiency targets are being implemented in the 1,000 largest factories in China, which collectively consume one-third of all the energy in the country.

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