May 7, 2010

China - No Water, No Electricity for projects that fail to meet GHG targets

For those who think China isn't serious about GHG emissions, read this report... 

China said on Wednesday it would punish officials who failed to fulfil emissions reduction targets, warning the nation's current environmental situation was extremely serious.

The State Council also ordered local authorities to cut electricity and water to those projects that violated rules, and financial institutions to stop giving them loans.

Measures like this will certainly focus the minds of the entire work force in Chinese companies. 

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