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Solving China's Energy Challenge

China faces a cascading energy challenge. The nation’s economic goals—of quadrupling GDP by 2020 while only doubling energy growth—are at risk. Since 2001, energy has been growing 1.4 times faster than GDP due to (1) improved living standards catalyzing consumption of energy-intensive products, and (2) rapid growth in heavy industries as the world’s “factory floor” shifts to China. In 2005, China’s coal consumption surpassed 2.2 billion tons, more than the next three — the U.S., Russia, and India - combined. China added over 60,000 megawatts (MW) of power plants last year—mostly coal—and will do so again in 2006. Much of this growth in energy supply has been largely unnecessary: If the investment had gone into demand-side energy saving technologies (upgrading the equipment of enterprises and buildings) rather than new supply, China would today be more competitive, profitable, and environmentally sound.

China’s challenge, if to meet its 2020 sustainable development goals, is to substantially increase investment in energy efficiency and renewable energy.
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News
In the News: China takes lead in clean-power investment (LA Times)
China overtook the United States for the first time last year in the race to invest in wind, solar and other sources of clean energy.
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Silicon Valley Faces Fierce Competition in Cleantech (San Jose Mercury News)
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China Leading Global Race to Make Clean Energy (NY Times)
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Davos-Special Report-Is clean tech China's moon shot? (Reuters)
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Who's Sleeping Now? (NY Times)
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Green Giant - Beijing's Crash Program for Clean Energy (The New Yorker)
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