Beijing Calls for $265 B Investment in Renewable Energy

[Red Herring] Shares in renewable energy companies edged up on China’s stock exchanges Wednesday following the release of a national plan for reducing fossil fuel-based energy consumption, according to the country’s official Xinhua News Agency. China’s energy czar, Chen Deming, said on Tuesday that China needs $265 billion in investments to meet its renewable energy goals by 2020, according to the English-language China Daily.

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