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China Unveils Proposal for $50-Trillion Global Electricity Network

The global electricity network would be the world's largest infrastructure project

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    China Unveils Proposal for $50-Trillion Global Electricity Network
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    FILE- A manager from Yingli Solar checks a solar panel used to produce energy for lighting, on the roof at the company's headquarters on Dec. 4, 2014 in Baoding, Hebei Province. China is the largest energy consumer in the world with the main source of its electricity generated by coal, but in moves to reduce carbon emissions China is also setting records for installing solar panels and generating solar power.

    China has unveiled a proposal for a $50-trillion global electricity network that would help combat pollution and the effects of climate change, NBC News reported.

    The plan envisions linking existing and future solar farms, wind turbines and electricity plants in Asia, Europe, Africa and the Americas, according to the head of State Grid Corporation of China.

    The proposal is in its initial stages and would require huge investment from around the world. If it goes ahead, it would be the world's largest infrastructure project. According to backers, the network could be operational by 2050.