CHINA’S GREEN JOBS

CHINA'S GREEN GROWTH POTENTIAL 'COULD CREATE 9.5M NEW JOBS'

Report urges China to replace dirty, energy intensive industries with renewable technology and other 'green' businesses

Jonathan Watts

The Guardian, November 18, 2011

China can make a net gain of 9.5m jobs over the next five years if it phases out its dirtiest, energy intensive industries and replaces them with renewable technology and other "green" businesses, according to an influential advisory body.

The potential for green growth was flagged up in a report that highlights the "Jeckyl and Hyde" nature of the environmental situation in China, which can claim both the world's biggest investment in new energy and the most dangerous levels of pollution. The report was released this week by the China Council of International Co-operation on Environment and Development, which is headed by Li Keqiang – widely tipped to become the next prime minister – and includes 200 domestic and overseas experts and leading figures in the United Nations and other world bodies.

On the economics of a shift to a more sustainable development path, it is brimful of ambition and optimism. The council advises the government to spend 5.8 trillion yuan (£61bn) on measures to save energy, protect the environment and replace polluting industries with hi-tech firms. It estimates this would create 10.6m jobs, boost GDP by 8 trillion yuan and result in energy savings worth another 1.4 trillion yuan. These gains, it says, would far exceed the costs of eliminating the dirtier sectors of the economy, which are calculated as a loss of 950,000 jobs and 100bn yuan in output.

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