In Crackdown on Energy Use, China to Shut 2,000 FactoriesHow many people will be out of a job thanks to this?
HONG KONG — Earlier this summer, Prime Minister Wen Jiabao of China promised to use an “iron hand” to improve his country’s energy efficiency, and a growing number of businesses are now discovering that it feels like a fist.
The Ministry of Industry and Information Technology quietly published a list late Sunday of 2,087 steel mills, cement works and other energy-intensive factories required to close by Sept. 30.
Looks like a new version of Mao's "Cultural Revolution", only this time the goal is a "culture" of "energy efficiency".
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