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| Saturday, August 30, 2008 05:49:36 |
China to amend law to realize energy-saving goals
China plans to toughen penalties for wasting energy as the government's goal of reducing energy consumption per unit of gross domestic product (GDP) by 4 percent risks failure in 2006, People’s Daily reported, citing the Shanghai Securities Journal. The finance committee of the National People's Congress Standing Committee is expected to produce a draft amendment to the energy law by the end of the year. "The amendment will focus on clarifying the enforcement, supervision, incentives for saving energy and penalties for wasting it," said the paper. The current law covers mainly energy-saving in the manufacturing sector, while the amendment will expand coverage to include civic buildings, transportation, government agents and utilities.
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