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Voluntary agreements in the industrial sector in China Lynn Price Ernst Worrell Jonathan Sinton
ABSTRACT: China faces a significant challenge in the years ahead to continue
to provide essential materials and products for a rapidly-growing economy
while addressing pressing environmental concerns. China's industrial sector is
heavily dependent on the country's abundant, yet polluting, coal resources.
While tremendous energy conservation and environmental protection achievements
were realized in the industrial sector in the past, there remains a great gulf
between the China's level of energy efficiency and that of the advanced
countries of the world. Internationally, significant energy efficiency
improvement in the industrial sector has been realized in a number of
countries using an innovative policy mechanism called Voluntary Agreements.
This paper describes international experience with Voluntary Agreements in the
industrial sector as well as the development of a pilot program to test the
use of such agreements with two steel mills in Shandong Province,
China.
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