China in need of energy ministry: industry group

A report released by the energy policy research center within the China Energy Society — an academic community of the country's most prominent energy researchers — says the potential redistribution of power between all those bodies could prove complicated, but that the creation of such a new super-ministry “is not only feasible, but also an urgent need.”

The report suggests that the National Development Reform Commission — the country's top economic planning agency or NDRC — would maintain the power to set electricity, oil, gas and coal prices, and approve new energy projects.

But that a new ministry could largely take responsibility for all other energy-related duties, currently scattered among more than 10 ministries, including the National Energy Administration, it said.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Chicago branch president defends US Fed's moves

NEXT ARTICLE
US dollar sheds NT$0.077 to end trade at NT$29.420

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit