| Australia to Stage Clean Energy Mission at
Beijing Olympics
Jul 31 - BBC Monitoring Asia Pacific
Australian Trade Commission (Austrade)'s Business Club Australia, the
official Australian business programme of the Beijing Olympics, will stage a
Clean Energy Mission during the Beijing Olympics.
The Minister for Trade, Simon Crean, said on Thursday the Clean Energy
Mission would provide a platform for Australia's expertise in renewable
energy to connect with the potential of the Chinese market.
"The mission will raise the profile of Australia's clean energy
capabilities, promote Australian innovation, and connect Australian
companies to key Chinese energy sector representatives and local customers.
Australian companies will participate in business networking events, gaining
valuable insights into doing business in China," the minister said in a
statement to the press.
China is the second largest energy consumer in the world and the Chinese
government has mandated that by 2010 renewable energy must account for ten
per cent of the nation's total energy consumption, and 15 per cent by 2020.
"It is estimated this will require 350 billion Australian dollars (330
billion US dollars) in investment to achieve these targets. Australia has
the expertise to work with China and to become a world leader in zero and
low emissions technologies," said Crean.
He added that China is already Australia's largest trading partner. With
continuing economic growth, a dramatic rate of urbanisation, the challenges
of climate change and rising energy demands, China is actively seeking
solutions to improve sustainable practices.
Companies participating in the Clean Energy Mission will include a world
leader in wind energy development, Roaring 40s from Tasmania, which has fast
become the leading international wind energy developer in China.
Another participant in the mission is the University of New South Wales, a
world leader in converting sunlight into electricity using photovoltaic
solar cells. China is the world's largest manufacturer of solar cells, and
UNSW's photovoltaic capabilities have helped it establish partnerships with
key Chinese institutions working in renewable energy.
"More than 3000 Australian and Chinese business people are expected to
attend events at Business Club Australia. Business Club Australia will use
the resources of Austrade's network of 15 offices in China to bring together
Australians and key Chinese officials and business people, he said.
Originally published by Xinhua news agency, Beijing, in English 1116 31 Jul
08.
(c) 2008 BBC Monitoring Asia Pacific. Provided by ProQuest
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