China ’s
Energy and Environmental Problems and Policies
This paper describes China ’s energy
and environmental degradation problems in terms of air pollution, water
pollution, CO2 emission and shortage of energy. It discusses the
laws, agencies established and policies introduced to solve the
energy-environment problems as well as the practical difficulties in the
implementation of government environmental policies. Finally it presents three
major issues to be resolved.
*The author would like to thank
Smita Brunnermeier, Harvey Lam, James Wei of Princeton University and an
anonymous referee for helpful comments on an early draft of this paper and acknowledge
financial support from the Gregory C Chow Econometric Research Program and the
Center for Economic Policy Studies of Princeton University in the preparation
of this paper and the congenial atmosphere of the Department of Economics and
Finance of the City University of Hong Kong in which the paper was completed.
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