Policy Address

134. The Government will gradually replace most of the electricity generated from coal-fired plants with cleaner energy by 2030. When negotiating the new Scheme of Control Agreements with the power companies, the Government will study how to further promote energy saving and renewable energy (RE) generation. We will set higher targets for government buildings in the use of RE, and have earmarked $200 million for the provision of RE installations in government buildings and venues, as well as community facilities. We will actively take forward a number of large-scale RE (including solar power generation) projects.

135. The Government has completed energy audits of over 200 government buildings, and will earmark at least $500 million to gradually achieve the targets of energy saving. We will actively encourage private building owners to make use of various tax concessions, loan schemes and funding schemes to procure energy saving installations.

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