PetroChina Plants Trees for Oil(3)
Published:
2007-02-07
China's goal is to have alternative energy compose 10 percent of the energy system by 2010; and 16 percent by 2020.
Looking abroad is one way to accomplish this. China lacks palm, cassava, and other raw materials that can be processed into ethanol. Southeast asian countries such as Indonesia have large quantities of palm and sugarcane, comparitive advantage with the development of renewable energy. 'This is a critical moment for cooperation with southeast asia,' says the expert.
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