From Times Online:
China is planning to build bigger strategic reserves of key energy resources, such as petroleum and uranium, and create an energy ministry, according to a draft law published yesterday.
However, the document made little mention of the need to develop policies to tackle soaring emissions of greenhouse gases.
Energy security emerged as a key focus for the legislation, which recommends that Chinese oil companies, such as Petrochina and Sinopec, be forced to establish their own govern-ment-managed stockpiles to augment an existing national reserve scheme. [Full Text]
