Race for the Environment

Related entries: Business Issues, Corporate Social Responsibility, Environment, General, Risk & Law

As reports emerge – out of thick smog in Beijing – of worries about the 2008 Olympics (despite over US$10 billion being spent on pollution control measures), China has announced a major environmental clean-up project, with investment of US$14.5 billion. IHT reports:

    “The 108.5 billion yuan (US$14.5 billion; €10 billion) plan to clean up Lake Tai, in a densely populated area northwest of Shanghai, should take five years, said a statement dated Friday and posted on the government Web site of the nearby city of Taizhou.

    The plan comes amid mounting official urgency about curbing chronic pollution in China’s rivers and lakes. The problem has left millions of people without clean water and disrupted city water systems.”

While the Chinese leadership has increased its focus on environmental protection , the challenges of scale and local enforcement remain. The Olympics – not to mention the people – provide a strong incentive for Beijing to get the environment back on track quickly.

No doubt actions will have a continuing impact on industry (especially heavy polluters with inefficient and outdated technologies) but, as has been said here before, foreign and local businesses alike would be well advised to revisit their environmental policies and to make sure that they do not present a soft target – or end up on a blacklist that could have negative implications not only in China, but also with stakeholders and consumers around the world.

See news sources:

7 Responses to “Race for the Environment”

  1. Regional blogs » Race for the Environment Says:

    […] on forced the suspension of … Оригинал сообщения от Administrator тут…

    Posted by admin @ 4:03 am :: Review
    Comment RSS
    : […]

  2. Gatalb.Com » Race for the Environment Says:

    […] d in Uncategorized at 4:03 am by

    unknown wrote an interesting post today on Race for the EnvironmentHere’s a quick excerpt No doubt a […]

  3. Mininggypsy.Com » Race for the Environment Says:

    […]

    banyue (suggest@danwei.org) wrote an interesting post today on Race for the EnvironmentHere’s a quick excerpt As reports […]

  4. Singleyak.Com » Race for the Environment Says:

    […] nt
    Posted by under Uncategorized 

    unknown wrote an interesting post today on Race for the EnvironmentHere’s a quick excerpt The Olympi […]

  5. sqtown » Blog Archiv » Race for the Environment Says:

    […] has announced a major environmental clean-up project, with investment of … read more here Der Beitrag wurde am Mon […]

  6. extrasq » Blog Archiv » Race for the Environment Says:

    […] ing impact on industry (especially heavy polluters with inefficient and … full story here Der Beitrag wurde am Mon […]

  7. China » Blog Archives » Pollution & Birth Defects in China Says:

    […] in a report carried by Monday’s Beijing News. … Race for the EnvironmentAs reports emerge – out of thick smog in Beijing – of worries about the […]

Leave a Reply

You must be logged in to post a comment.