Photo source: ©© Anders Hh
Excerpts;
China’s economic growth will continue to be energy-intensive and highly polluting for the foreseeable future with emissions and efficiency far below capital growth on the agenda, according to a study published in the International Journal of Global Energy Issues.
Economist Yanqing Xia of Dongbei University of Finance and Economics and the Northeast Branch of the Chinese Academy of Sciences in Liaoning has looked at almost a decade’s worth of data from 30 Chinese provinces to build a comprehensive model of pollution, energy consumption and economic growth. The model offers an empirical look at the balance between economic growth, energy consumption and pollution and gives a positive outlook for average gross domestic product (GDP) but paints a rather bleak medium-term view regarding a lack of sustainability and environmental targets…