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Enigin - China Adopts New Law For Clean Energy

Enigin - China Adopts New Law For Clean Energy

Following the Copenhagen climate talks last week, during which China was criticised for obstructing the adherence to a treaty on climate change, the Chinese government has decided to show its commitment to reducing greenhouse gas emissions by adopting a new law in favor of the country's renewable energy industry.

The legislation could also improve China's energy efficiency implementations, through the installation of energy saving products in its business' premises (such as the energy efficiency systems offered by Enigin PLC), by putting the emphasis on energy savings and the financial and environmental benefits entailed.

Enigin provide the most cost-effective and easy to install solutions to give businesses the opportunity to save money and energy simultaneously, which also results in significant reductions of carbon emissions. Enigin are energy efficiency specialists and possess a wide variety of energy saving products for basic energy sourcing needs such as lighting, air conditioning, motors and refrigeration.

The text makes it mandatory for electricity grid companies to purchase all the power produced by renewable sources.

It also empowers the State Council's energy department, the electricity regulatory agency and its finance departments to determine the amount of renewable energy available in the country's overall power generating capacity.

The environmental affairs commission vice-president, Ni Yuefeng, told reporters that power companies will be obliged to take up all of that capacity, and those refusing to do so will be fined an amount up to double that of the economic loss of the renewable energy company.

The penalty inflicted for non-compliant companies creates an incentive to adhere to the legal requirement promoting clean energy and the reduction of harmful gas emitting consumption.

Similar financial strikes could be applied to businesses failing to reduce their carbon footprint through the use of energy efficient technology, such as the latest technology that Enigin create their products from.

"The new law will help China reduce its emission of greenhouse gases in a voluntary manner," says Mr. Ni.

By adopting such a positive text of law, China shows good faith and a pro-active contribution to the global climate change battle.

 

Monday 28th December 2009