By Linda Liang and Wu Xi King & Wood Mallesons’ Commercial & Regulatory group.
On November 10th 2016, the General Office of the State Council released the Implementation Plan for the Licensing System to Control Pollutant Emission (“the Plan”). The Plan is a top-layer design of a system to license pollutant emission in China. The plan has not only established a clear set of regulations, which establish such things as one permit for one enterprise; pollutant emission in accordance with aa permit and information disclosure, but also made arrangements for the implementation of an emission trading system (ETS).
Continue Reading Pollutant Emission Permits: A New System, a Big Revolution