Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/84777
Title: The analysis on public environmental investment : a comparison between P.R.C. and U.S.A.
Authors: Jia, Yuanning
Degree: M.Phil.
Issue Date: 2018
Abstract: Pollution of the environment has become an increasingly serious problem all over the world. Environmental pollution, which causes latent and lasting consequences, has direct impact on nature and human, with deteriorating survival environment imposing a threat to human life and health. Environmental pollution in China mainly includes water pollution, air pollution, and solid waste pollution. Protecting environment concerns more than a single department or any individuals. To lead the cause is surely the duty of the government, but it is inappropriate of some people to assert that environmental degradation is completely due to government's malpractice. Actually, the increasing environmental protection input and achievement in basic implementation of environmental targets are the results of environmental protection departments' efforts. On the other hand, there still remain many problems. Apart from insufficient acts of related departments, the government's undue focus on GDP also plays a part. Overall, environmental protection is related to all of the society. Changing the current situation of environmental pollution needs both the power of people and the overall planning of the country. This work aims at establishing an appropriate investment policy on public health and a reasonable investment schedule in order to ensure sustainable development of socio-economy in the P.R.C. The research was carried out based on an in-depth analysis of data and materials from both the government and academic sources on the current status of hydrosphere, atmospheric and lithospheric environmental quality. Shortfalls in current environmental investment in P.R.C. These studies were carried out by comparing and contrasting the situation in P.R.C. with that in USA to further fine tune and optimize the public environmental investment, rules and policies. USA is compared and contrasted with for the size of its GDP is of comparable order to that of the P.R.C. and also its wholesome legal regime is worth being compared with fuzzy regulations in China. Besides, the different percentage of overall GDP used as environmental investment by two countries is also noticeable. In-depth analysis has revealed that P.R.C. and USA has different rules to protect environment. In P.R.C., a developing country, the percentage of GDP used as environmental investment is less than 1%. However, in developed countries like USA, the percentage is 2%~3%. 1 % of GDP for environmental investment is substantially lower compared to developed countries. This underinvestment and the somewhat inappropriate investment schedule have resulted in ineffective pollution management and control, and they have manifested themselves as relatively severe hydrospheric, atmospheric and lithospheric pollutions. Taking the experience of developed and developing countries into consideration, to ensure sustainable development, the public environmental investment should be set at 2.1 % of GDP to start with. In conclusion, the global environmental protection industry needs to enter a stage of rapid development, and gradually become a supporting industry, which is an important force in economic growth. Many countries (such as Japan, South Korea) make it an important key to and objective of adjusting industrial structure. Environmental protection industry in USA has become the main force of the global environmental protection market. China needs to draw lessons from USA's environmental protection experience in order to improve the effectiveness and efficiency of communal municipal waste treatment facilities.
Subjects: Hong Kong Polytechnic University -- Dissertations
Pollution prevention -- China
Environmental protection -- China
Environmental policy -- China
Pollution prevention -- United States
Environmental protection -- United States
Environmental policy -- United States
Pages: xvi, 165 pages : color illustrations
Appears in Collections:Thesis

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