China to invest S$348b to curb air pollution: State media

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#4
(26-07-2013, 09:38 AM)CityFarmer Wrote: An opportunity? Which are the companies in the air pollution industry? High time for a research topic on air pollution...Big Grin

China to invest S$348b to curb air pollution: State media

BEIJING — China will spend 1.7 trillion yuan (S$348 billion) to tackle air pollution over the next five years, a state newspaper reported yesterday, highlighting how the issue has become a priority for the leadership.

The amount is more than the total economic output of Hong Kong last year and underlines how the government is eager to bring about a visible improvement in China’s bad air, which has become a source of discontent among its citizens and tarnished the country’s image abroad. Last year, Hong Kong’s gross domestic product was US$263 billion (S$333 billion).

http://www.todayonline.com/chinaindia/ch...tate-media

If you spend so much money and the return is just clean air then what about the electricity that you still need? If you still burn coal for it then then pollution goes back to dirty the air that you just cleaned doesn't make sense.

So I think with this much money they could be thinking to build nuclear power plants. 1 power plant cost 4-5 billion, with 333 billion it should be enough to build 80 nuclear power plant.
Reply


Messages In This Thread
RE: China to invest S$348b to curb air pollution: State media - by sgd - 26-07-2013, 12:34 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)