Sector brief:  Energy & Environment

China submits to Copenhagen Accord ahead of schedule

February 2, 2010: China has reaffirmed its environmental commitments, but going green is largely about profits

Beijing submitted a proposal for meeting its previously agreed obligations to the UN Framework Convention on Climate Change (UNFCCC), three days before the January 31 deadline laid out in the Copenhagen Accord. The government reaffirmed earlier climate mitigation policies to reduce carbon intensity by 40-45% on 2005 levels within the next decade, increase alternative energy utilization, and expand forest coverage.

Meeting these targets will require dramatic changes in energy consu...

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