CLIMATE CHANGE, AIR QUALITY AND THE ECONOMY Integrating Policy for China’s Economic and Environmental Prosperity June 2015 More integrated policy could allow China to deliver clear skies, like this Beijing sunset, without damaging the economy. About the Paulson Institute: The Paulson Institute is a "think and do" tank that promotes environmental protection and sustainable development in the United States and China, while advancing bilateral economic relations and cross-border investment. Established in 2011 by Henry M. Paulson, Jr., the Institute is committed to the principle that today’s most pressing economic and environmental challenges can be solved only if the United States and China work in complementary ways. The non-partisan institute is headquartered at the University of Chicago with staff in Beijing, San Francisco, New York and Washington D.C. The Institute focuses on research, programs, and advocacy that promote increased economic activity to spur job creation, smart urban growth and responsible environmental policies. Our Think Tank publishes papers on the most important macroeconomic issues facing China today, energy strategies, and issues in U.S.-China economic relations. To learn more please visit www.paulsoninstitute.org © 2015 The Paulson Institute. All Right Reserved. This publication can be downloaded at www.paulsoninstitute.org Contact:
[email protected] Design by Jonathan Tsao, Chinabeat Ltd. Cover photo: A coal power station at night in China CLIMATE CHANGE, AIR QUALITY AND THE ECONOMY Preface Dear Reader, We are pleased to launch the Paulson Institute Climate Change and Air Quality Program’s activities for 2015 with this background report, Climate Change, Air Quality and the Economy: Integrating Policy for Economic and Environmental Prosperity.