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China’s Environment Today — Godfree Roberts

Summary:
Some environmental history and some numbers. Important since owing to its size, China is pivotal in producing global pollution, which is both a health concern and a factor in climate change. Hence, China is also pivotal in and ultimately controlling it. The downside: China still generates a majority of its energy with coal-fired plants. China has an abundant supply of coal, and coal has factored significantly in China growth. That led to steeply rising curve in the increase of pollution. The Chinese government has been addressing this issue somewhat successfully. But China remains coal-dependent at present. The upside: China came from behind and has only recently reaching the global average, with the trend now falling. So, the narrative about China being an egregious polluter is

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Some environmental history and some numbers. Important since owing to its size, China is pivotal in producing global pollution, which is both a health concern and a factor in climate change. Hence, China is also pivotal in and ultimately controlling it.

The downside: China still generates a majority of its energy with coal-fired plants. China has an abundant supply of coal, and coal has factored significantly in China growth. That led to steeply rising curve in the increase of pollution. The Chinese government has been addressing this issue somewhat successfully. But China remains coal-dependent at present.

The upside: China came from behind and has only recently reaching the global average, with the trend now falling. So, the narrative about China being an egregious polluter is somewhat overblown, although also true owing to China huge footprint.

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China's Environment Today
Godfree Roberts

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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