March 10, 2008

. . . and throw away the key.

. . . and throwaway the
key. I reported earlier that
the penalty provisions of
the new amendments to
the Water Pollution
Prevention and Control
Law imposed a fine of 50%
of a “directly responsible”
persons’ annual
salary. As noted, these
fines may not have the
desired deterrent effect.
There are effective
deterrents to
environmental accidents
(note SEPA seems focused
on “accidents,” which are
admittedly more high
profile, but probably less
cumulative damaging than
chronic, routine
exceedances of pollutant
limits; limiting “accidents”
was one of the rationales
for the “green” insurance
proposal discussed below)
already on the books. Look
at this bone chilling
provision (Article 338) from
China&rsquo