financing - carnegie endowment for international peace.pdfVIP

Financing EnErgy EfficiEncy in c hina William chandler • holly gwin William Chandler Financing Energy Efficiency in China William Chandler Holly Gwin © 2008 Carnegie Endowment for International Peace. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without permission in writing from the Carnegie Endowment. The Carnegie Endowment normally does not take institutional positions on public policy issues; the views presented here do not necessarily reflect the views of the Endowment, its staff, or its trustees. For electronic copies of this report, visit www.CarnegieE/pubs Limited print copies are also available. To request a copy, send an e-mail to pubs@CarnegieE Carnegie Endowment for International Peace 1779 Massachusetts Avenue, N.W. Washington, D.C. 20036 202-483-7600 Fax 202-483-1840 www.CarnegieE Carnegie Energy and Climate Program The Carnegie Endowment for International Peace is proud to publish this report from the new Carnegie Energy and Climate Program. Established in late 2007, the program integrates thinking on energy technology, environmental science, and political economy and engages experts around the world in research collaborations to develop actionable information and change the way policy makers think about energy policy. The program provides the leadership needed to reduce risks stemming from global climate change and competition for scarce resources. For more information, please visit www.CarnegieE/energyandclimate. Acknowledgments In 2005, we established a U.S.-based corporation for the purpose of developing clean energy projects in China, Transition Energy. This experience both prompted and shaped this paper. This report is not about the financial success of this venture—it is far too early in t