China to Mandate Renewable Energy

A new law passed in China's Legislature promises to boost the percentage of renewable energy used by utility operators.

"Non-fossil energy sources, including wind, solar power and thermal power, will make up a bigger share of China's energy resources under a new bill passed yesterday encouraging use of renewable energy...According to the law, power grid operators should buy renewable-source-generated power at directed prices calculated by the government. The extra costs incurred by this will be shared throughout the overall power network."

Thanks to Michael Dudley

Full Story: Legislature passes renewable energy bill


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