The draft energy law is expected to be submitted for deliberation this year to make up for the vacancy of the Energy Basic Law.

Experts believe that importance should be attached to the importance of the financial industry in the construction of the energy market mechanism Ye Rongzheng, deputy head of the Energy Law Drafting Expert Group of the National Energy Leading Group Office, said on the 24th that if it is successful, the draft energy law will be submitted to the highest legislative body for deliberation this year.
To make up for the lack of energy basic law Ye Rongzheng told Xinhua News Agency at the “International Energy Law (Exposure Draft) Seminar” that after the public opinion is solicited on February 1st, the expert group will discuss the Energy Law (Consultation Draft ) Make centralized changes. According to the schedule, the National Energy Office will submit the revised energy law to the State Council for review and revision with the National Development and Reform Commission. After the State Council has passed the review, the draft energy law will be submitted to the National People's Congress for deliberation.
At present, although China has implemented separate energy laws such as the Electricity Law, the Coal Law, the Energy Conservation Law, and the Renewable Energy Law, it has always lacked a system and a comprehensive law regulating the development, use, and management of energy. The introduction of the Energy Law will make up for the absence of the basic law in China's energy regulatory system, not only providing a legal basis for the formulation and revision of one-way laws in the energy sector, but also helping to solve the problems between energy law and energy law and other laws. Coordinating the issue will ensure that the implementation of energy strategy and national energy and economic security will be guaranteed on the basis of national coercive force.
The drafting of the energy law was officially started in early 2006. In November 2006, a preliminary outline of the energy law was formed. In March 2007, the first draft of the draft energy law was formed. Since then, it has undergone repeated revision and argumentation of the second draft, the third draft, the fourth draft, and the discussion draft, forming the Energy Law (draft for solicitation of opinions), and from December 1, 2007, through the news media and The Internet and other channels openly solicited opinions and suggestions for revision and improvement from all walks of life. The solicitation of opinions will end on February 1, 2008.
The Energy Law (Draft for Soliciting Opinions) includes 15 chapters and 140 articles on energy management and supervision, energy strategy and planning, development and supply of energy resources, energy saving and emission reduction and climate change, energy finance and taxation, energy reserve and emergency response, and energy technology Policies and international energy cooperation.
Proposing to establish an emissions trading market In the “Energy Law (Consultation Draft) International Seminar”, energy management, market reforms, energy conservation and emission reduction, and rural energy development have become hot topics discussed by experts at home and abroad. Sun Youhai, director of the National People's Congress's National Environment and Resources Commission's bill office, suggested that a market for carbon dioxide emissions rights be established and an emissions trading market be established to promote the use of new and renewable energy sources.
Yang Fuqiang, vice chairman of the U.S. Energy Foundation, suggested that legislation should clarify that the focus of energy policy management shifts from the supply side to the demand side. The energy regulatory agency and the energy management authority should be separated from each other. The management department is responsible for the energy development strategy, planning, and policies. And standards, the responsibility of the regulatory department is located in the areas of price, market access and investment.
He pointed out that China's energy supply security is very important and should rely mainly on domestic and foreign markets to improve energy supply channels and increase energy supply capacity. At present, the Chinese government has established binding targets for energy conservation and emission reduction. This requires the authority's management department to shift its focus to the demand level and promote energy conservation and environmental protection.
The Energy Law (Exposure Draft) clarifies the principle of saving priority. In this regard, Yang Fuqiang said that the use of fossil energy is a major source of environmental damage and carbon dioxide emissions. Energy management should strengthen coordination with environmental protection agencies and take into consideration climate change.
Sun Youhai suggested that consideration could be given to gradually reducing the use of fossil fuels such as coal, oil, and natural gas as an important constraint.
He Yongjian, Director of the Strategic Planning Group of the National Energy Leading Group Office, said that the Energy Law (Draft for Soliciting Opinions) identified the dominant position of market prices in the energy sector, and at the same time put forward government regulation and guidance in the area of ​​“market failure” and established Incentive and constrained energy pricing policies.
In response, Peter Karpov, Assistant Secretary for Policy and International Affairs of the US Department of Energy, said that market prices of energy should reflect environmental and other costs and should encourage the development of new technologies and stimulate competition among various energy sources. saving. Chen Xinhua, chairman of the EU-China Energy and Municipal Basic Industrial Policy Working Group, said that the scope and limits of government regulation and market pricing should be further defined.
Yang Fuqiang said that in the process of constructing the energy market mechanism, in addition to the reform of the energy price system and the establishment of fiscal and taxation incentive policies, it is also important to attach importance to the financial industry, capital market financing, and risk investment in the energy market mechanism construction.
The Energy Law (Exposure Draft) established a special section on rural energy. Hao Xianrong, researcher of the Department of Energy Ecology of the Department of Science and Technology Education of the Ministry of Agriculture, said that in the principle of rural energy development, efficiency factors can be considered. Only by paying attention to benefits can farmers be encouraged to use clean energy and renewable energy. With the development of rural areas in China, energy conservation in rural buildings and energy conservation in fisheries, planting, animal husbandry and other production areas should all be given full attention.
Xu Mingming, deputy director of the Office of the National Energy Leading Group, said that the drafting of the energy law has been open to the public since the beginning. We hope that we can further listen to the opinions of foreign experts in order to better absorb the experience of countries in energy legislation and promote the work of China's energy legislation to further align with international standards.

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