I see the Chinese government has given up the task of trying to measure GDP growth according to “green economics”, that is, factoring in envirommental degradation resulting from economic growth. This seems smart to me. The fact that economic growth leads to pollution and other environmental problems is obvious. The only value of trying to come up with a way of quantifying it down to the last fraction of a percentage point is that it would make tree huggers feel better. If other major countries were using an agreed “green GDP” calculation method, then fine, but they don’t. The fact is China will destroy its environment to build its economy, as every other country has done before, and when the right moment arrives, it will shift to cleaning things up. That moment is likely to arrive pretty soon, or who knows, it may have already arrived. From an awareness perspective, China is already hugely ahead of where the West was 20 or 30 years ago. There is no state of denial on the problem, which is surely the first step to a solution.
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