China cost of pollution

[Brain357]

Chinas pollution is really catching up with them.


DONGYING, China (Reuters) - China’s crackdown on pollution is choking output of chemicals, fuels and other materials in Shandong province as plants curb or cut operations amid random environmental checks.

Beijing’s clear-sky efforts are not new, but the frequency and duration of recent inspections in the industrial Shandong heartland is impacting output more extensively as small and mid-sized plants come under the same scrutiny earlier focused on large state-owned facilities.

Some 30 independent oil refineries in Shandong have been shut since mid-July, plus an unspecified number of chemical plants making propylene oxide (PO)，PVC and rubber tyres have been closed, according to industry sources and market analysts. Unlicensed fuel kiosks have also been removed.
China's war on smog chokes Shandong industries, smokes out fuel kiosks

 

[NightFox]

It's one of the few proper roles of government in the economy, adjusting for negative externalities (market failures), in this case pollution.

Unfortunately Chinese Government economic interventionism is directed throughout its economy in all sorts of other pursuits that have nothing to do with the above which means their efforts to adjust for market failures will likely be less effective than they would otherwise be if they didn't rely so heavily on economic central planning and weren't so wedded to corruption as a means of doing business.

 

[Brain357]

Sounds like this will slow economy:

The shutdowns at some chemical plants may be permanent as upgrade costs would render them unable to compete with imports, said IHS’s Chen.

 

[NightFox]

Sounds like this will slow economy:

The shutdowns at some chemical plants may be permanent as upgrade costs would render them unable to compete with imports, said IHS’s Chen.

I'd say it's very likely this will hurt the Chinese economy since you have to take into account that domestic industry in China is heavily controlled by the Chinese Government and thus it's likely that winners and losers will be chosen on a "who you know" basis rather than on an individual merit basis by the market and as a result some companies will get what they need out of the public trough and others will be left to wither on the vine, thus leaving the economy less efficient than it would otherwise be.

This is just another example of an economic central planning failure, since it's responsible for allowing this negative externality to remain unaddressed for so long that it has now become a crisis that can no longer be ignored.

 

[waltky]

Pollution linked to one in six deaths...

Pollution linked to one in six deaths
Thu, 19 Oct 2017 - Pollution has been linked to nine million deaths each year worldwide, according to a report in The Lancet.

Almost all of these deaths occurred in low- and middle-income countries, where pollution could account for up to a quarter of deaths. Bangladesh and Somalia were the worst affected. Air pollution had the biggest impact, accounting for two-thirds of deaths from pollution. Brunei and Sweden had the lowest numbers of pollution-related deaths. Most of these deaths were caused by non-infectious diseases linked to pollution, such as heart disease, stroke and lung cancer. "Pollution is much more than an environmental challenge - it is a profound and pervasive threat that affects many aspects of human health and wellbeing," said the study's author, Prof Philip Landrigan, of the Icahn School of Medicine, at Mount Sinai in New York.

The biggest risk factor, air pollution, contributed to 6.5 million premature deaths. This included pollution from outdoor sources, such as gases and particulate matter in the air, and in households, from burning wood or charcoal indoors. The next largest risk factor, water pollution, accounted for 1.8 million deaths, while pollution in the workplace was linked to 800,000 deaths globally. About 92% of these deaths occurred in poorer countries, with the greatest impact felt in places undergoing rapid economic development such as India, which had the fifth highest level of pollution deaths, and China, which had the 16th.

UK faring worse

In the UK, about 8% or 50,000 deaths are estimated to be linked to pollution. This puts the UK in 55th place out of the 188 countries measured, placing them behind the US and many European countries, including Germany, France, Spain, Italy, Denmark. Dr Penny Woods, of the British Lung Foundation, said: "Air pollution is reaching crisis point worldwide, and the UK is faring worse than many countries in Western Europe and the US. "A contributing factor could be our dependence on diesel vehicles, notorious for pumping out a higher amount of poisonous particles and gases. "These hit people with a lung condition, children and the elderly hardest." The Department for Environment, Food and Rural Affairs (Defra) said a £3 billion plan had been put in place to improve air quality and reduce harmful emissions. A spokesman said: "We will also end the sale of new diesel and petrol cars by 2040, and next year we will publish a comprehensive Clean Air Strategy which will set out further steps to tackle air pollution."

Mike Hawes from the Society of Motor Manufacturers and Traders said the latest diesel cars were the cleanest in history. He said the biggest change to air quality would be achieved "by encouraging the uptake of the latest, lowest emission technologies and ensuring road transport can move smoothly". In the United States, more than 5.8% - or 155,000 - deaths could be linked to pollution. The authors said air pollution affected the poor disproportionately, including those in poor countries as well as poor people in wealthy countries. Study author Karti Sandilya, from Pure Earth, a non-governmental organisation, said: "Pollution, poverty, poor health, and social injustice are deeply intertwined. "Pollution threatens fundamental human rights, such as the right to life, health, wellbeing, safe work, as well as protections of children and the most vulnerable." The results were the product of a two-year project. The authors have published an interactive map illustrating their data.

Pollution linked to one in six deaths