“Six Chinese provinces and municipalities will adopt an experimental framework for calculating ‘green GDP’ by the end of the year.”
“The introduction of the ‘green GDP’ concept – loosely taken to mean official gross domestic product figures minus the cost of pollution and resource depletion – is a major initiative in the central government’s push for sustainable development.
But many analysts have cast doubts on its practicality, pointing out that such calculations are likely to be too arbitrary or inaccurate to be useful. ”
The full article is here on Straight Times.