Skip to main content

Posts

Showing posts with the label Emission

China: The quest for clean air

Global air pollution costs add up to more than USD160 billion in lost productivity every year, China is the world’s largest emitter of greenhouse gases and the cost to China of carbon emissions is estimated at USD7.6 billion. As China implements countermeasures to ensure clean air, what does that mean for its economy? Will there be a clean-tech silver lining? China’s air pollution chokes its economy More than 80 per cent of Chinese people face regular exposure to dangerous levels of air pollution, which is the cause of death for more than 4,000 people per day on average. The country’s economy grew by approximately 10 per cent year-on-year from 1980 to 2010, but the phenomenal pace of growth came at a big cost to the environment. China’s environmental crisis first became a discussion point during the 1970s with widespread concern over the black smoke emanating from its industrial cities. The primary causes of pollution are the burning of coal in factories and power plants