China urges wind industry to grasp market mechanisms in 5-year plan

Published 13:46 on November 29, 2016  /  Last updated at 15:45 on November 29, 2016  /  China, China's National ETS  /  No Comments

China will spend 700 billion yuan ($101 billion) on new wind power capacity over the next five years to make sure it reaches a target that could cut 380 million tonnes of CO2 over the period, the government said Tuesday.

China will spend 700 billion yuan ($101 billion) on new wind power capacity over the next five years to make sure it reaches a target that could cut 380 million tonnes of CO2 over the period, the government said Tuesday.

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