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China to push compulsory insurance for polluting industries

Published on Feb 21, 2013 8:57 PM
 
This photo taken on Jan 22, 2013, shows a thermal power plant discharging heavy smog into the air in Changchun, north-east China's Jilin province. China will force heavily polluting industries to participate in a compulsory insurance programme to ensure they can adequately provide compensation for damage, the government said on Thursday, Feb 21, 2013. -- FILE PHOTO: AFP

BEIJING (REUTERS) - China will force heavily polluting industries to participate in a compulsory insurance programme to ensure they can adequately provide compensation for damage, the government said on Thursday.

Pollution has become a core concern for the stability-obsessed ruling Communist Party because of the public anger and protests it generates and because the issue cannot easily be hidden from view.

Companies that must participate in the scheme include mining and smelting industries, lead battery manufacturers, leather goods firms and chemical factories, the Environment Ministry and China Insurance Regulatory Commission said in a joint statement.

Petrochemical companies and firms that make hazardous chemicals and hazardous waste would also be encouraged to participate, it added.

 
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