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Pollution liability insurance system roadmap established
On February 18, the State Environmental Protection Administration announced that the State Environmental Protection Administration and the China Insurance Regulatory Commission jointly issued the “Guidance Opinion on Environmental Pollution Liability Insurance†and formally established the roadmap for establishing an environmental pollution liability insurance system. It is understood that the two departments will be companies that produce, operate, store, transport, and use hazardous chemicals this year, oil, petrochemical, chemical companies, and hazardous waste disposal companies prone to pollution accidents, especially in recent years when major pollution accidents have occurred. Enterprises and industries carry out pilot work. This is the second environmental economic policy launched after the "green credit".