China’s Hidden Coal Cost Equal to 7.0 Pct of GDP: Green Groups

From AFP:

China’s dependency on as its major energy source is creating hidden environmental and other costs worth more than seven percent of its annual , green groups said Monday.

A report entitled: “The True Cost of Coal“, jointly commissioned by , the Energy Foundation and conservation group WWF, said taking into account the real expense was vital to the nation’s future energy security.

The unaccounted costs equate to an estimated 1.7 trillion yuan (249 billion dollars), and would be even higher if the impacts of change were included, according to the report.

“Environmental and social damages are underestimated while using coal in China as a result of failures and weakness in ”, said , an economist and lead author of the report.

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