Pollution in China - Economic Costs of Pollution

Economic Costs of Pollution

A 2006 Chinese green gross domestic product estimate stated that pollution in 2004 cost 3.05% of the nation's economy.

A 2007 World Bank and SEPA report estimated the cost of water and air pollution in 2003 to 2.68% or 5.78% of GDP depending on if using a Chinese or a Western method of calculation.

A 2009 review stated a range of 2-10% of GDP.

A 2012 study stated that pollution had little effect on economic growth which in China's case was largely dependent on physical capital expansion and increased energy consumption due to the dependency on manufacturing and heavy industries. China was predicted to continue to grow using energy-inefficient and polluting industries. While growth may continue, the rewards of this growth may be opposed by the harm from the pollution unless environmental protection is increased.

Read more about this topic:  Pollution In China

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