China’s 2020 clean energy plan

China announced a 5 trillion yuan (US$734.3 billion) investment plan on clean energy in the next decade, aiming to lift the non-fossil fuel component of its supply to 15% of its total primary energy demand by 2020, from less than 8% last year. China, already the world's largest emitter of carbon dioxide, has also pledged to reduce carbon emission in each unit of gross domestic product by 40-45% by 2020, from 2005 levels. The investment plan, to cover sectors including nuclear power, wind, solar, biomass, clean coal, unconventional gas, smart grid, distributed energy and new-energy vehicles, was drafted by the National Energy Administration (NEA) and is now being reviewed by the state council. ( August 27, 2010)