Our Eighth PAC meeting was held at Beijing's Great Hall of the People November 18th. The meeting highlighted grantee achievements in 2005 and recommendations for our 2006 agenda. Chinese grantees reported program progress, including China's (1) adoption of the Renewable Energy Law, (2) implementation of the light-duty fuel economy standards, (3) establishment of vehicle engine-size excise taxes that penalize larger, less efficient engines, (4) construction of BRT corridors in Beijing and Jinan, and (5) setting of new tariffs for electricity and fuels that better reflect costs.
Both NDRC and the State Council Development Research Center urged CSEP to help China reach the 2010 20-percent energy intensity improvement target. Achieving this ambitious target will require concerted engagement with all senior ministries and the development of action plans for provincial and local areas.