Market forces crucial to low-carbon economy
Developing a low-carbon economy is now a key national development strategy in which China has made remarkable progress, the World Bank said in a recent report. The Chinese government’s target of a 20 percent reduction in energy consumption from 2005 to 2010 would reduce annual CO2 emissions by 1.5 billion tons by the end of this year, the most aggressive emission reduction target in the world …

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