Zhou Dadi: Energy investment risk is higher for energy-saving projects

On December 18th, Zhou Dadi, vice chairman of the China Energy Research Association, said at the "2nd China Economic Forward-looking Forum" today that my current excessively high-energy-consuming industries have high output and the risk of energy investment is relatively high, while energy-saving projects The return on investment is better.
Zhou Dadi said that during the “Twelfth Five-Year Plan” period, there still existed the idea of ​​relying on the energy industry to stimulate the economy. Among the economic growth targets reported by the provinces, there was no shortage of 12% and 15% growth figures. "The energy during the period has caused great pressure.
He said that the current high-energy-consuming industries have already produced very high output, and the risk of continuing to invest in this area will be high.
On the contrary, Zhou Dadi said that the current investment in energy-saving projects is very effective, and the recycling efficiency is very good. “The vast majority of projects are recycled within a few months, recovered within one or two years, and even more than three years of energy-saving. Basically no one has done the project, so the effect of energy saving investment is very obvious."
He pointed out that the state encourages energy-saving and emission reduction, and the current growth model that stimulates economic growth by relying on excess investment is inconsistent with the goal of energy-saving and emission reduction, and energy-saving and emission-reduction is a politically selective goal.
“Generally speaking, it is a binding target, and there is an assessment of the official responsibility system for the formation of officials, and the central government is also serious. Therefore, local governments have now proposed that the energy saving target during the 12th Five-Year Plan period must not be set high. Think this is a bad phenomenon,” said Zhou Dadi

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