China Putting $372 Billion Towards Reducing Pollution and Energy Usage

August 28th, 2012 by Chelsea

Over the next three-and-a-half years, China is planning to spend $372 billion on decreasing air pollution and reining in energy consumption. The plan does not specify exactly where the money will be spent, however.

A report from China’s State Council said its goal is to reduce energy consumption by 300 million tons of standard coal, in an effort to reduce greenhouse gas emissions. Last year, China’s carbon output ballooned up to 9.7 billion tons — about 29 percent of the world’s CO2 emissions.

Source: Reuters
Image: B Calkins via Shutterstock

Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.

Tags: air pollution, China, china air pollution, china carbon emissions, china energy consumption

About the Author

Chelsea is a former newspaper reporter who has spent the past few years teaching English in Poland, Finland and Japan. When she wasn't teaching or writing, Chelsea was traveling Europe and Asia, sampling spicy street food along the way.