China doubles 2020 solar target
BEIJING, CHINA - China has more than doubled its target for solar power capacity to 50 gigawatts by 2020, according to Chinese state-run media reports, amid rising prices for energy commodities like coal and oil and new doubts about the safety of nuclear power in the wake of the Japanese earthquake.
China, which is poised to become the world's largest economy by the next decade, expects to reach 10 gigawatts of solar energy capacity by 2015.
China will spend hundreds of billions of dollars to meet a goal of generating 15 of its energy from renewable sources by 2020.
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Proponents see tariffs as a shield for Canada's auto industry, a vital job creator. They argue that cheaper Chinese EVs, potentially boosted by government subsidies, threaten Canadian manufacturers. Tariffs, they believe, would level the playing field.
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Opponents fear tariffs will translate to higher prices, deterring Canadians from buying EVs. This could slow down Canada's transition to cleaner transportation,…
