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China to invest $375 billion on energy conservation, pollution: paper

2013-07-31 03:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China plans to invest 2.3 trillion yuan ($375 billion) in energy saving and emission-reduction projects in the five years through 2015 to clean up its environment, the China Daily newspaper reported on Wednesday, citing a senior government official. The plan, which has been approved by the State Council, is on top of a 1.85 trillion yuan investment in the renewable energy sector, underscoring the government's concerns about addressing a key source of social discontent. China has set a target of...

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