Economic instruments such as taxes, fees and tradable permits can be cost-effective in phasing out substances of concern. They need to be used wisely as complements to other chemical management tools to make a difference.
Economic instruments such as taxes and fees have been extensively used in various environmental fields but have been so far sparsely used in the chemical industry. Since chemicals are commodities that are produced for profits driven by market principles, it is inherently reasonable that economic instruments can be utilized for chemical management.
EPR is a policy approach that makes producers responsible for their products at the post-consumer stage of the lifecycle. What do you need to do to be EPR compliant? Explore this entralized hub, which brings together news articles, analysis, and updates specifically related to EPR regulations.
Stay informed and up-to-date with the latest news and developments in PFAS regulations here. This dedicated resource is designed to provide you with valuable information and timely updates on the ever-evolving landscape of PFAS regulations.
New pollutants refer to toxic and hazardous substances that are discharged into the environment with characteristics of biological toxicity, environmental persistence and bioaccumulation, etc. They tend to possess significant risks to the ecological environment or human health, but are usually unregulated or the existing regulation measures are insufficient. As one of the largest chemical producers in the world, it is paramount for China to strengthen the regulation of new pollutants to mitigate potential risks to the environment and human health.
