Over the last few years as China’s power producers unable to keep up with the surging demand have been knocking up 2 coal fire plants a week, large cities have choked from SOX/ NOX being spewed out from these facilities, and the government has begun to announce a flurry of programs, investments, incentives, and targets to address the problem.
Needless to say, through this process, China required a new energy law that would help to define the framework of China’s energy future, and In the March edition of Asian Counsel, the Jeff Greene, Michael Chen, and Julie Tong article China’s Proposed Energy Law (PDF Download here) does a great service by explaining the law, its potential impact, and where opportunities for investors will present themselves.
It is an excellend guide for those looking to learn more about the framework, the agencies involved, and what opportunities will present themselves.