CHINA SETS UP POLLUTION BLACKLIST

[Anonymous]

China sets up pollution blacklist
China’s
economic boom has caused pollution to soar,China’s environmental
regulator has put 30 companies on its first blacklist of pollution
violators.As Beijing moves to take action on the country’s growing
pollution problem, the 30 firms will be barred from receiving bank
loans.The companies in question range from food processors to
paper-makers and steel manufacturers.China’s emissions of carbon
dioxide and pollutants have soared on the back of its ongoing economic
boom.It is not known whether the 30 targeted companies will be able to
appeal to the State Environmental Protection Administration, or what
changes they will need to make before they can be removed from the
blacklist.

Impossible targets?
China
has set a target of cutting the emission of pollutants by 10% between
2005 to 2010.However, with China now building about two new fossil fuel
power stations every week, Western environmental commentators say it
will be all but impossible for it to achieve that reduction.Earlier
this month, a Chinese environment official admitted to British
politicians that China was not able “for the time being” to commit to
binding agreements to cut carbon emissions.The deputy director-general
of China’s Office of Global Environmental Affairs, Lu Xuedu, was
speaking to the joint committee on the UK’s draft climate change bill.

[Author]

August 1, 2007 at 12:31 PM