Energy Law of PRC 2024

On November 8, the Standing Committee of the 14th National People’s Congress passed the Energy Law, which announced the national energy development strategy, established the national energy management system, established the basic legal system in the energy field, and established the green and low-carbon energy transformation system, which will be implemented from January 1, 2025. Clear and legally binding medium – and long-term development goals for the development and utilization of non fossil energy, with the proportion of non fossil energy reaching around 25% by 2030 and over 80% by 2060, to ensure that China achieves its carbon peak andRead More →

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