10. PRC Energy Program
Shenzhen Daily ("CHINA LAUNCHES 80 MLN ENERGY EFFICIENCY PROGRAM", 2005-06-08) reported that the PRC, the world's second-largest energy consumer, has launched an US$80 million program with the United Nations (UN) to promote efficient use of energy and cut pollution, UN and government officials said Monday. The PRC, struggling to fuel the world's fastest-growing major economy in the face of rapid demand growth, increasing reliance on oil imports and recurrent power shortages, aims to quadruple gross domestic product (GDP) by 2020 while just doubling its energy consumption. The program aims to reduce energy consumption by nearly 19 million tons of coal equivalent in the first three-year phase of the program, cutting carbon emissions by 12 million tons.
http://www.nautilus.org/aesnet/2005/JUN2205/PRC_EE.pdf
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