Environmental protection industry welcomes policies

After four trials, the new environmental protection law has finally taken place. On April 24th, at the 8th session of the Standing Committee of the 12th National People’s Congress, a draft amendment to the “Environmental Protection Law” was passed. Among them, the ecological protection red line was first written into law. It is reported that the new environmental protection law has also begun to increase the punishment, the polluting enterprises on a continuous basis to calculate the penalty, the fine will not be capped. The new environmental protection law will come into effect on January 1, 2015.

Xin Chun, deputy director of the Standing Committee of the NPC Standing Committee, emphasized that the revised environmental protection law also stipulated some basic environmental protection systems, such as environmental planning, environmental standards, environmental monitoring, environmental assessment, environmental economic policies, total control, and ecology. Compensation, sewage charges, and emission permits, in particular based on public opinions, also stipulate environmental public interest litigation. In response to the problems of low illegal costs and high compliance costs, penalties are calculated on a daily basis.

According to Bi Tao, deputy director of the Department of Regulation of the Ministry of Environmental Protection, the new environmental protection law has increased the mechanism for public monitoring and early warning of environmental pollution, requiring people's governments at various levels to announce in time when the environment is polluted and public health and environmental safety may be affected. Early warning information. According to Bi Tao, deputy director of the Department of Regulation of the Ministry of Environmental Protection, the new environmental protection law has increased the mechanism for public monitoring and early warning of environmental pollution, requiring people's governments at all levels to promptly respond to environmental pollution that may affect public health and environmental safety. Post warning information.

The analysis believes that the revision of this new environmental protection law will provide an important legal basis for the implementation of China's environmental protection system, and it also provides a solid legal basis for numerous sub-laws. In the face of the growing problem of environmental pollution, strengthening the legal system will play a positive role in promoting the development of ecological protection in China. The increase in penalties will increase the illegal costs of polluting companies and increase their awareness of environmental protection. At the same time, they will also stimulate companies to increase investment in environmental protection technologies, which will undoubtedly greatly benefit companies engaged in the production of related environmental protection technologies and equipment. . With the recent frequent occurrence of water pollution incidents, coupled with the policy stimulus, the environmental protection concept stocks are expected to receive market attention.