Tuesday, December 10, 2013

How China’s economy is choking on smog | Talking Numbers - Yahoo Finance

How China’s economy is choking on smog | Talking Numbers - Yahoo Finance:

Imagine your favorite city closed down because of the weather, maybe a blizzard... Many of China's cities can have the same problem, but it is because of smog pollution.

This is a country that burns more coal than the rest of the world, combined.

Nice thing is that they share this pollution with their neighbors.

Plus the burning of coal is a gigantic producer of CO2 emissions.

At what point does this pollution start to curb the 7% economic growth that the company continues to experience?  Certainly down from decades of more than 10% growth, but it is hard to grow with the traffic congestion and pollution slowing down ad periodically stopping the economy.

Things that are not sustainable, like rapid growth, have a way of producing their own remedy.

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