Putting a value on Chinese industry’s \"right to pollute\"

A new incentive scheme enabling industrial companies to trade pollutant discharge rights could create demand for bespoke wastewater treatment systems. A defined set of guidelines is a prerequisite, argues Kathy Liu.

Lake Tai, China’s third largest inland water body, is located on the Yangtze Delta Plain in Jiangsu Province, and holds approximately 45 million m3 of water. It currently serves more than 33 million people, providing drinking water, a natural flood control mechanism and shipping channels, as well as housing fisheries, aquaculture, and farming. It also functions as a gigantic ...

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