Transformation of Economic Development has been urgent, low carbon economy, the time has come. When people become increasingly accustomed to the two words that when put together, mean? Means that carbon is the Transformation of a breakthrough is reached consensus on public opinion.The so called low carbon economy, based on low power consumption, low pollution, low emission based economic model. Clearly, low carbon economic development as a change in the way of a breakthrough, at least bring three changes:

The first change, part of the excess capacity of the industry will be inhibited. The Chinese government has announced that by 2020 China’s carbon dioxide emissions per unit of GDP down 40% from 2005 to 45%. Must be emphasized that such a carbon reduction targets as binding targets, will be included in the national economic and social development of long term planning. Such a goal, whether it is with the United States, “reduction of 17%” compared with India or the “reduced by 20% to 25%” compared to the large reduction of carbon intensity is obvious. On our own point of view, “Eleventh Five Year Plan” put forward a 20% energy saving target, close to the first half of 2009, has completed 13%. 2010 is the implementation of the “Eleventh Five Year Plan” last year, saving the heavy task of reducing emissions, is self evident. Transition to low carbon as a breakthrough, which both mean high energy consumption, high emissions, high pollution and excess production capacity severely phenomenon can no longer go on; It also means that a long time mainly depend on material inputs, extension expansion of the traditional mode of economic development, can no longer continue.

The second change, new industry investment in 2010 will be the theme. Change of economic development, need to re balance the investment, exports and consumption, the relationship between. For investment, the focus is not the blind pursuit of GDP growth higher, while the next larger effort to promote economic structural adjustment, improve the quality and efficiency of economic development, enhance the sustainability of development. The Chinese government has announced that by developing renewable energy, nuclear power construction, operation, 2020, China’s non fossil energy share of total primary energy consumption to 15%. The structure of our current energy is mainly dependent on coal, oil, natural gas and carbon dioxide emissions from thermal power and other fossil fuels. Obviously, the transformation of low carbon as a starting point to promoting energy structure adjustment.

At present, China’s emerging energy industry development was mainly concentrated in four areas: First, solar, wind and biomass as represented by renewable energy applications; Second, coal, oil, gas and other traditional energy sources to clean energy conversion Sheng Ji ; Third, the new round of development of advanced nuclear energy boom; 4 in the transport field, clean power to promote the development of electric vehicles as a new focus. Under the plan, China has new energy power generation in 2020 accounted defined as 15%, of which solar power installed capacity in 2011, 2020 respectively 2,000,000 kilowatts and 20 million kilowatts; nuclear power in 2011, 2020 development goals were 12 million kilowatts, 86 million kilowatts; wind power in 2011, respectively, in 2020 development goals for the 35 million kilowatts, 150 million kilowatts.

This means that China’s emerging energy industry will usher in a significant growth opportunity. Recently, Premier Wen Jiabao chaired a forum on the development of three emerging strategic industries, new energy, energy saving, electric cars, new materials, new medicines, bio breeding and the information industry and other industries extensive discussions, the final formation of the “seven large strategic new industry. “The third change, resources tax and environmental taxes will be introduced in due course. Although the current tax system to encourage and guide a number of taxes has many environmental actions, to encourage industrial development and limit environmental pollution behavior policy, but with more well developed countries, there is a large gap between the environmental tax system. Of particular note is that China is currently no specific tax legislation for the protection of the environment. Obviously, the transformation of a low carbon as a breakthrough in 2010, is a timely introduction of resource taxes and environmental taxes a good time.

Some experts also suggested that, for acts of pollution and ecological damage, the levy of special taxes, while the “two high and one capital” product tax, the increase in energy prices, the proportion of resources.Central Economic Work Conference clearly stated, positive response to climate change, to carry out pilot low carbon economy. Cover a wide range of low carbon economy, involving industry, agriculture, services, transportation, public facilities and family life in many areas, covering energy, materials, equipment, consumer goods and many industrial chain. As a transition to low carbon breakthrough is undoubtedly a crucial strategic choice.

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