Feasibility Study and Draft Formulation for Legislation of the Renewable Energy Law

The China Renewable Energy Law (the RE Law) was passed on the 14th session of the Tenth National People’s Congress on Feb 28, 2005. The enactment of the RE Law will provide a powerful legislative support in encouraging investment in renewable energy, increasing renewable energy contribution in the entire energy total consumption, improving China’s energy portfolio, mitigating the environmental pollution due to fossil fuel combustion, and finally ensuring a sustained economic development in the country.