This post was edited by vincent01 at 2014-1-9 13:06|
Chinafaces $176bn bill to clean up air pollution
Cleaning up China’s air pollution will cost1.75 trillion yuan (￡176b) between 2013 and 2017, a high-ranking environmental official has estimated.
Wang Jinnan, deputy head of the ChineseAcademy for Environmental Planning, said that the investment –part of ananti-pollution "action plan" announced by China's cabinet inSeptember – “would drive up GDP by nearly two trillion yuan (￡202b) and createover two million jobs,” China’sofficial newswire Xinhua reported.
The total cost will be higher than the 2012gross domestic products of most countries, includingFinland, Israel and Portugal.
“36.7 percent of the investment, or 640billion yuan (￡64.5b) should go on cleaning up industry, followed by 490billion yuan (28.2 percent) on cleaner energy sources. Cleaning up motorvehicles will absorb 210 billion yuan,” Xinhua reported, citing Wang.
In 2013, broad swaths of China recordedtheir highest air pollution levels in 52 years, causing widespread outrage overthe massive environmental toll wrought by decades of unchecked economic growth.
While Beijinghas long been notorious for its pea-soup air, a number of traditionally clearer cities, including Shanghai and the northeasternmetropolis Harbin,have registered pollution levels high enough for local authorities to groundflights, close schools and pull cars from the roads.
On Friday, Shanghai’s concentration ofairborne PM 2.5 – particulate matter small enough to lodge deep within thelungs – rose to 214 micrograms per cubic meter, three times China’s nationallimit. The official Shanghai Environmental Monitoring Center warnedchildren and the elderly to stay indoors.
In its five-year action plan, China's State Council pledged to reduce the level of airborne particulate matter by at least 10% in major cities by 2017.