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1.7 Trillion Reasons to Clean Coal Up

External costs (i.e. cost not accounted for in the price tag, such as environmental, public health and other social costs) of coal in China totaled RMB 1.7 trillion (about US$250 billion) in 2007, equivalent to 7.1% of China’s 2007 GDP, according to a landmark report commissioned by Greenpeace, Energy Foundation and World Wildlife Fund released [...]

Green Hops: Cleantech Roundup

Cleantech news has been slow on The Green Leap Forward lately, so we play catchup on recent developments in the sector over the past two months…

Efficiency is King. Energy efficiency continues to be the clean energy policy priority of Beijing. New regulations governing energy efficiency in civil construction projects are on the cards, [...]

Electric Dreams–BYD Auto Brings Electric Cars to Israel

Earlier this spring this blog identified an upstart Chinese auto company called BYD Auto that is, despite is short operating history in the auto industry, introducing one of the most innovative automobile makes in the industry—a fully commercial electric car—ahead the likes of established auto giants like General Motors (and its flagship electric car make—the [...]

Green Hops: Green taxes, telecoms, energy and law

Newsy tidbits on green developments in China, sans analysis.
HK Introduces Green Tax Cuts. Hong Kong to provide attractive tax deductions (20% for construction and 100% for new purchases) for installations of environmental technologies. Closer to the mainland, China Environmental Law Blog ponders what the more macro tax reform proposals by the central government mean [...]

SEPA unleashes Green Whirlwinds

The central government, with Pan Yue (潘岳) of China’s State Environmental Protection Administration (SEPA) as its fearless green leader, has enacted a cyclone of green policies dubbed the “Green Whirlwinds”, coinciding with the “peaceful rise” of SEPA to a ministry-level administrative organ. Here’s a brief summary of the green credit, green insurance, green securities [...]


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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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