China amending law as energy-saving goal risks failure – Xinhua

From Xinhua, via People’s Daily Online:

China plans to toughen penalties for wasting energy as the government’s goal of reducing energy consumption per unit of gross domestic product (GDP) by 4 percent risks failure in 2006, the Shanghai Securities News said Monday. The finance committee of the National People’s Congress Standing Committee is expected to produce a draft amendment to the by the end of the year, the report said quoting well-informed sources.

“The amendment will focus on clarifying the enforcement, supervision, incentives for saving energy and penalties for wasting it,” the report said. [Full Text]

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