China’s energy efficiency industry is emerging as a high
growth sector with the country projected to spend as much as
Rmb2.1 trillion (USD300 billion) over the next five years on
products and services that cut energy use. The key drivers of
this development are the Chinese government’s determination
to curb the country’s expanding energy appetite as well
as higher production and energy costs. Firms that develop
cost-effective energy-saving technologies, particularly for
the most energy-intensive industries, are poised to capture
the opportunities. If successful, these enterprises will not
only become profi table, but will also help lead China to a
more sustainable energy future.
The Access Initiative (TAI) and its partners are launching the first of its kind assessment of environmental governance in China. It is the first step towards engaging civil society organizations and government agencies to promote the public transparency, participation, and accountability that are essential foundations for sustainable development.
Trends to Watch is WRI’s annual forecast of emerging issues that will have major impacts on environmental coverage in 2008. On climate change: what will happen between COP-13 in Bali, and COP-14 in Poznan? What role will China play? Will we see new legislation and regulations from Congress or the EPA? Where will biofuels and technology go? Where will the water come from? WRI President Jonathan Lash makes his predictions at the National Press Club.