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JULY 6, 2009
China's Green Opportunity
China's rapid development has catapulted the country into the ranks of the world's largest economies, but it has also made it a top emitter of greenhouse gasses. The country has set ambitious goals for improving energy efficiency. China's plans to build more nuclear plants and plant forests could help it avoid producing 8.4 gigatons of emissions annually that it might otherwise emit if growth continued without any mitigation. Still, McKinsey research finds there's room to do even more. Tapping emerging technologies, such as electric vehicles, new semiconductor-manufacturing equipment that's better at controlling fluorocarbon emissions, and the use of agricultural waste as a fuel source in cement kilns, could save an additional 6.7 gigatons.
Source: China's Green Opportunity
Copyright © 2009 McKinsey & Company. All rights reserved. Reprinted by permission.
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