In July 2007, the Center for Industrial Development and Environmental Governance (CIDEG) at Tsinghua University in Beijing with the International Economic Association jointly sponsored an international round table conference with the title “Environmental Governance for Sustainable Development.” Professor Geoffrey Heal
of Columbia University and Professor Lawrence Goulder
of Stanford University also participated in organizing this conference. In anticipation of the conference, CIDEG solicited papers for an essay contest on environmental economics from young Chinese economists under the age of 35. The winning essay was selected from thirty entrants and the winner gave a report in excellent English to the assembled world-class environmental scholars. Listening to the presentations, I had a strong sense of the rapid development of environmental economists in China from the younger generation.