Blog Post
Sep 25, 2014
Business Interests in China? State Council Issues Guidelines for Pilot Emissions Trading Program
This just in from our CHINA correspondence desk…. Actually, we wanted to make you’re aware that Seyfarth has offices in China, Australia and United Kingdom. From time-to-time we will let you know about topics that are impacting our international counterparts and our clients that do business there.
The State Council recently announced new Guidelines for pilot programs for trading emissions permits to reduce air and water pollution.
Key pollutants to be traded under the pilot programs include sulfur dioxide and nitrogen oxide in the air, and chemical oxygen demand and ammonia nitrogen in wastewater. Speaking of these pollutants, Huang Xiaozeng, Deputy Head of the Pollution Emission Control Department of the Environmental Protection Ministry, said earlier this year that “all kinds of measures will be implemented to ensure the tough targets are met.”
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