China is planning to make an investment of $3 billion during the next decade in order to develop alternative energy fuels, to fight against desertification as well as to avoid landslides.
In accordance to what the leading engineer of the State Forestry Administration, Wu Jian, stated at a news conference during the week, that the trees will combat climate change through the absorption of carbon and by producing material for ethanol and bio-diesel by the year 2020.
The objective of the plan that is being developed by China is to have 23 percent of the country to be covered with forests in ten years time, that is, a three percent rise from the actual level.
China remains one of the world’s quickest growing economies. The country depends principally on coal so as to meet the two-thirds of its energy requirements. China has been undergoing much pressure to adopt more aggressive measure to control the amount of releases of the greenhouse gases.
Source: Economic Times
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