Chinese government considering rating scheme to manage production stops for heavy industry

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China: The government is considering introducing a rating scheme for companies in 15 key industries, including steel, coal and cement. Those with the highest emissions will be subject to the strictest production limits, according to the Economic Information Daily newspaper. Those with an A-rating, the highest, will be required to suspend production only in extreme weather, while the C-rated companies will be subject to additional bans during the winter heating season, when pollution is the most severe. The scheme is intended to incentivise companies to upgrade their equipment.

Last modified on 24 July 2019

URL: https://globalcement.com/news/item/9582-chinese-government-considering-rating-scheme-to-manage-production-stops-for-heavy-industry

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