Scanned by: Marisa Vitolsover 5 years ago
The growth in China's carbon dioxide (CO2) emissions is far outpacing previous estimates, making the goal of stabilizing atmospheric greenhouse gases even more difficult, say economists at the University of California. The previous estimates used by the Intergovernmental Panel on Climate Change predict China will see a 2.5 to 5 percent annual increase in CO2 emissions between 2004 and 2010. However, the new University of California (UC) analysis, published in the Journal of Environmental Economics and Management, puts the annual growth rate for China to at least 11 percent. Placed in perspective, the projected annual increase of CO2 in China over the next several years is greater than the current total emissions produced by either Great Britain or Germany.
Environmental movements only seem to come along when we are at the brink. It wasn’t until the events at Love Canal did we really awaken an environmental consciousness in America. So to is it true in China, where only the most serious of environmental concerns are beginning to awaken their national consciousness. This environmental brinkmanship is a sad but true fact of life. It remains however proof positive that our cheap goods are not really so cheap, they come embedded with an environmental cost that can cross oceans. It is a product of economic development, climbing the ladder so to speak. Soon polluting, low tech industries in China will face high costs and regulations as the social costs of no regulation add up. It is part of the reason why China is so embarrassed at being a manufacturing country and not an innovation country in relative terms. However the Chinese are a proud and ingenious people, one might predict an explosion in green tech in China because they need it the most.