Macao to Provide Fund for Energy Efficiency

THE Government of Macao Special Administrative Region (SAR) has announced the creation of Environmental Protection and Energy Conservation Fund, which will provide financial support for sustainable equipment.

The Macao Daily Times reported on today quoted Cheong Sio Kei, Director of the city's Environmental Protection Bureau (DSPA), as saying that the $50 million fund will be divided into several plans and that the first will be enforced around September.

Cheong added that the policy targets commercial companies and associations, aiming at covering expenses related to the purchase or replacement of products or other equipment to improve energy efficiency.

According to the policy, the fund will grant 80 percent of the amount required, which cannot exceed $62,500 and beneficiaries can only receive financial support once each year.

"Most complaints received by the bureau are related to the emission of smoke and bad smell from restaurants and bars, as well as gas emissions from workshops and factories," Cheong said.

Picture by Macao by Vince42

Friday 22nd July 2011

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