19 Sep '11, 4am

China is the world's largest investor in renewable energy.

Niu Wenyuan, an advisor to China’s state council and director of the Chinese Ecological Economics Society, is seeking to introduce a “GDP quality index” in China. Niu’s index uses five elements: economic quality, which takes into account how many resources and energy is needed to produce 10,000 yuan of GDP; social quality, which takes into account the gap between the rich and poor; environmental quality, figures in the amount of waste and carbon produced per 10,000 yuan of economic activity; quality of life, measures life expectancy and other human life factors; and management quality, which considers the amount of spending on security and public goods. Though the index appears complicated, Niu says that it is easier to calculate than his previous “green GDP” index, as it uses official government statistics.

Full article: http://switchboard.nrdc.org/blogs/chinagreenlaw/china_env...

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