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Ref NEA 2012. A strategic consensus for reneawable energy among key stakeholders Promote actions in synergy for renewable energy development; Set more ambitious energy transition target to boost actions by the whole society, with wind playing crucial role. Appropriately revise China’s subsidy/tax incentives to support wind Streamline subsidy incentives via tax deduction for wind project investors; Revise tax incentives for wind project after the revised VAT policy, to encourage local government, supported by central government public finance. Technology innovation for energy storage and load management CHP for winter heating should also contribute load management I’d like to end with a little joke. The benefits of clean energy are so many and so are the benefits of fighting climate change. [go through list in drawing quickly] I think people forget about them a lot. Why 100% Renewables? What else do we get from it? Climate – need to get to at least 80% less GHG globally by 2050 - the global energy sector is responsible for around two-thirds of global greenhouse gas emissions, an amount that is increasing at a faster rate than for any other sector. Coal is the most carbonintensive fuel and the single largest source of global greenhouse gas emissions. People – renewable energy will reduce pollution, in the air, water and soil. China and everywhere. Crucial for people’s health and well-being, and for food and water. Conventional oil/gas scarcity - we need “4 times Saudi Arabia and 4 times Russia for 2030” - According to the International Energy Agency (IEA)4, production from known oil and gas reserves will fall by around 40-60 per cent by 2030. Threats of unconventional fuels - deep water oil, shale gas, tar sands - more impacts than just carbon Nuclear development – what to do with 100,000 tons toxic waste in next 10,000 years? Equity - 1.4 billion people lack access to reliable electricity/safe cooking energy Costs - No-regret technologies, easy to implement,
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