China to strengthen eneregy saving in transport
Updated: 2011-07-06 15:34
The document did not say how much the aggregate funding during the five years ending 2015 will amount to, but those engaged in the program may receive up to 10 million yuan (1.55 million U.S. dollars) in awards for their energy-saving and emission-reduction efforts.
Companies and public institutions will be awarded with as much as 600 yuan for each metric ton of the equivalent of coal they save each year, the document said.
Meanwhile, those using alternative fuels will be awarded up to 2,000 yuan for each ton of standard oil they substituted, according to the document.