GuangzhouChina April. 2, 2011--Recent report "Who's Winning the Clean Energy Race" by Pew Charitable Trusts on 29, March, 2011, showed that China came first in clean-energy investment with $54.4 billion in 2010, surpassing Germany and United States.
Pew highlighted that it is the minimum clean-energy targets that helped China and Germany have move ahead while the United States' position as a leading destination for clean energy investment declined because its policy framework is weak and uncertain.
On 26 March, 2011, it was reported that China put new energy on priority from and announced the goals of building 235 million kilowatts of power generation capacity from clean energy forms in the next five years, in an effort to trim the country's heavy reliance on fossil fuels. From 2011 to 2015, China plans to launch nuclear energy projects with a combined generation capacity of 40 million kw.
As a matter of fact, Chinese biomass energy has witnessed a rapid development in the past few years with increasing importance of energy reservation. With short supply of fossil fuel, China has to vigorously promote the development of biomass energy industry. However, technology bottlenecks and insufficient grain feedstock supply impede the development of biomass energy products, including liquid biofuel, biopower generation, solid biofuel and biomass gas. To facilitate the sustainable and sound development of biomass energy industry, Chinese government has released a series of policies to set medium and long target for each biomass energy product and provide fiscal subsidy for some important products in the past years.
The overall picture of policies on biomass industry in the past years are demonstrated comprehensively in the report Policy and incentive for biomass industry in China by CCM in 2010. The report covers main policies and incentives for biomass energy, laws and plans for bioenergy, direct bioenergy policies and incentives and analysis of bioenergy policy and incentive. Through the introduction and analysis, you will have a clue on the government's attitude to the industry, past policies and future policy trend and potential business opportunities.
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