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Archive for December, 2007

Greening corporate disclosure

Publicly listed Chinese companies will soon be subject to heightened environmental disclosure requirements. It is reported that the State Environmental Protection Administration (SEPA) is developing a set of disclosure rules that may go further than their Western analogues, potentially requiring the reporting of SO2 and CO2 emissions and energy efficiency indices (see, e.g. current [...]

Dudek’s Five-Step Program

                                                Source:  umassmag.com
A friend of China is a friend of mine 
Dan Dudek, Chief Economist at Environmental Defense , the chief architect of the U.S.’s sulfur dioxide emissions trading program in the 1990s that has served as the model for carbon emissions trading, and a [...]

Hong Kong may set up emissions trading market

Hong Kong is entering into race to open Asia’s first pollution credits exchange. The International Herald Tribune reports that The board of the Hong Kong stock exchange is considering a proposal today a pollution emissions trading system that could serve as a financial platform for companies from mainland China and other Asian countries entering into what [...]

Coal mine blast in Shanxi serves stark reminder

The devastating coal mine explosion earlier this week in China’s Shanxi province that claimed 105 lives has served as a grim reminder of the heavy costs of China’s reliance on coal as an energy source. 70% of China’s electricity is generated from coal. Economic growth has spurred demand for the dirty resource, with [...]

Draft energy law to boost strategic oil reserves

A draft of China’s first comprehensive energy law has been released for public comment.  The law sets out broad principles, leaving detailed regulations to be promulgated by the relevant government agencies at a later date.  The draft law still provides telling tidbits of what to expect.
As expected, the law contains provisions on the promotion of [...]

China in spotlight as Bali climate talks begin

Today’s headlines were predictably dominated by the new two-week round of  Climate Change talks in Bali, Indonesia, participated by delegates of some 190 countries.  This is the round where it is expected that negotiations for a successor protocol to the Kyoto Protocol, once the latter expires in 2012, are to commence (and hopefully conclude within [...]

Ready…set…jump!

Greetings all. Welcome to the kickoff of The Green Leap Forward, a blog dedicated to a greener China. As James Kynge observes in his award winning book–China Shakes the World–there exists in China a fundamental mismatch between “its frailty of its physical environment” on the one hand, and “the prodigious strength of its human capital” [...]


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What is the Green Leap Forward?

The Great Leap Forward was an economic and social plan used from 1958 to 1960 which aimed to use China's vast population to rapidly transform mainland China from a primarily agrarian economy dominated by peasant farmers into a modern, industrialized communist society. It is now widely seen, both within and outside of China, as an major economic (and environmental) disaster.

By contrast, the Green Leap Forward, is an emerging movement to harness and combine the powerful forces of smart policy, sustainable finance and green technologies to steer China's red-hot economy onto a more ecologically and socially sustainable path. Unlike its predecessor, the Green Leap Forward is as much a bottom-up revolution as it is a top-down one and in this age of increasing global interconnectedness, is a movement that will have an impact beyond its borders.

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