CORRECTED-UPDATE 3-China's decarbonisation plan takes cautious steps as world backtracks on climate
CORRECTED-UPDATE 3-China's decarbonisation plan takes cautious steps as world backtracks on climate is drawing significant interest across the industry.
The country is rapidly expanding its wind and solar power capacity. POLICY SHIFT With the new plan, Beijing has shifted focus from controlling the ?energy intensity of its economy to carbon intensity. The so-called "dual control" system will introduce industry, company and project-level carbon emissions controls, according to the five-year plan.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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