China

China

Green power campaign for homes and businesses

A campaign is being launched in China to encourage businesses and homes to buy green power. The campaign has gained the involvement of the Ministry of Finance, the State Environmental Protection Bureau, the National People's Congress, the Beijing Olympic Organising Committee, and the State Economic and Trade Commission (SETC). According to Li Jingjing, former director of the Centre for Renewable Energy Development, who now works for the World Bank, the campaign will start in early 2002. The three cities of Beijing, Shanghai and Hong Kong are reportedly competing for a star role in the early start of the campaign. Recent surveys show that hotels, restaurants and some city residents are enthusiastic about the campaign and willing to pay higher rates for clean energy. Additional payments may help establish a dedicated green energy fund to further promote China's development of new and renewable energy sources. This year the SETC has not received treasury bond issue-sourced funds to sustain its wind power business.

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