On September 23, the Beijing Environmental Protection Bureau revealed plans to invest nearly 1 trillion yuan to manage air pollution over the next five years. Of that, 300 billion yuan will be devoted to reducing levels of PM2.5 by one-fourth. This plan shocked me. At first, I was proud. Thirty years ago, China would not be able to raise this much money for environmental protection. But then I became sad. Trillions of yuan! How much could be done with this amount of money if it was used elsewhere. The fact is, according to the plan, even if we do invest all this money, average PM2.5 levels will only drop to 60 micrograms per cubic meter of air, far above the 25 microgram standard set by the European Union. So the question is: Are there cheap and fast ways to deal with the smog?
Source: Caixin
Source: Caixin
