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About Nobel Prize
    The Nobel Prize is an international award given yearly since 1901 for achievements in physics, chemistry, medicine, literature and for peace. In 1968, the Bank of Sweden instituted the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize.

    The Prize Winners are announced in October every year. They receive their awards (a prize amount, a gold medal and a diploma) on December 10, the anniversary of Nobel's death.
    Alfred Nobel was born in 1833 in Stockholm, Sweden. His family was descended from Olof Rudbeck, the best-known technical genius of Sweden's 17th century era as a great power in northern Europe.

    Nobel invented dynamite in 1866 and later built up companies and laboratories in more than 20 countries all over the world.

    On November 27, 1895, Nobel signed his last will providing for the establishment of the Nobel Prize. He died of cerebral haemorrhage in his home in San Remo, Italy on December 10, 1896.
    Alfred died in San Remo, Italy on December 10, 1896. In his last will and testament, he wrote that much of his fortune was to be used to give prizes to those who have done their best for humanity in the field of physics, chemistry, physiology or medicine, literature and peace.

    In 1901, the first Nobel Prizes in Physics, Chemistry, Physiology or Medicine and Literature were first awarded in Stockholm, Sweden and the Peace Prize in Kristiania (now Oslo), Norway.
    The first Prize Award Ceremony in 1901 at the Old Royal Academy of Music in Stockholm.
 
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China to vigorously promote energy conservation

 

China will vigorously promote energy conservation and emissions reduction to tackle climate change and promote sustainable development, Vice Premier Zeng Peiyan said on Tuesday.

"In order to ease the conflict between economic development and environmental protection, China will stick to the concept of human-oriented and scientific development," Zeng told the opening ceremony of an international forum of Nobel laureates and world-renowned economists.

China would pay more attention to "the expansion of domestic demand, the development of primary and tertiary industries, innovation and technological progress", he said.

The government would adjust the development mode mainly through energy conservation and emissions reduction, Zeng said, adding it would actively promote the use of renewable energy such as hydropower, wind energy, biomass energy and solar energy and the development of nuclear power.

"The proportion of renewable energy in overall energy consumption should rise from the current eight percent to 15 percent in 2020," he said.

Thermal power and iron and steel industries with high energy consumption and pollution would be eliminated at a faster speed, while energy-efficient buildings and environmental-friendly light bulbs would become dominant, Zeng said, calling for development of the recycling economy and efficient use of the energy resources.

Forest coverage would be increased from 18.2 percent in 2005 to20 percent in 2010, he said, adding frontier technologies such as hydrogen fuel cell and carbon absorption would be developed to support environmental protection.

A resource tax and pricing system, a user-pays mechanism for mineral resources and an environment compensation system should be established with improved laws and regulations to build an energy-saving and environment-friendly society, he added.

Nine Nobel laureates and five world-renowned scientists, including Robert Mundell, Edmund Phelps, Richard Schrock and Thomas Schelling, are meeting from Sept. 11 to 14 to discuss energy efficiency with 600 Chinese scientists, officials and experts.

They are expected to give more than 50 lectures on topics such as solar energy and its market development, global warming and the reduction in greenhouse gases in Beijing.

    

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