Green New Deal: Promoting New Energy Saving and Emission Reduction in the Industry

    This year is a crucial year for fulfilling the binding targets for energy conservation and emission reduction in the “Eleventh Five-Year Plan” period. The Ministry of Environmental Protection plays an important role in this battle against energy-saving and emission reduction. Since the beginning of the year, the environmental protection department has intensively introduced a series of environmental economic policies with green symbols, with a view to promoting the overall improvement of the domestic environmental conditions through economic means. The intensive introduction of the Green New Deal has fully demonstrated that the country is using all economic means to force energy and emission reductions in industries such as oil and chemical industries to ensure that this tough battle and protracted war will win.
    On February 15th, the former State Environmental Protection Administration announced the progress of the implementation of the first phase of “green credit”. Some chemical companies were not only stopped from new loans but also were recovering previous loans. At the same time, the former State Environmental Protection Administration also provided the People’s Bank of China with more than 30,000 corporate environmental law violations for commercial banks to take measures to suspend loans or limit loans.
    On February 18th, the former State Environmental Protection Administration and the China Insurance Regulatory Commission jointly issued the “Guidance on Environmental Pollution Liability Insurance” and formally established a roadmap for establishing an environmental pollution liability insurance system. The two departments will be enterprises that produce, manage, store, transport, and use hazardous chemicals this year, oil, petrochemical, chemical companies, and hazardous waste disposal companies that are prone to pollution accidents, especially companies and industries that have experienced major pollution accidents in recent years. Conduct pilot work. This is the second environmental economic policy known as "green insurance" after the "green credit".
    On February 25, the former State Environmental Protection Administration issued the “Guidance Opinions on Strengthening the Environmental Protection Supervision of Listed Companies”. The Opinions require that environmental protection verifications be conducted for companies engaged in the listing or refinancing of companies engaged in 13 types of heavy polluting industries. It is said that "green securities" is the third environmental economic policy following "green credit" and "green insurance." Since then, the Ministry of Environmental Protection issued the "Listed Companies Environmental Protection Verification Industry Classification Management List" in July this year, specifying that in 14 industries such as chemical, petrochemical, and building materials, enterprises that cannot pass environmental verification will not be allowed to apply for refinancing or apply. Listing.
    On February 26th, the former State Environmental Protection Administration announced the first batch of “high-pollution, high-environmental risks” product lists in 2008. The industries that are subject to major regulation are still focused on such industries as agricultural chemicals, coatings, and some resource extraction. The former State Environmental Protection Administration also proposed to cancel the export tax rebate policy for pesticides, paints, and other products enjoyed in the list, and put forward proposals to prohibit its processing trade. At present this recommendation has been adopted.
    The reporter noted that in front of the “Green New Deal” threshold, the energy and emission reduction work in the petroleum and chemical industries is no longer passive, and more companies have already actively participated in them, and have made innovations in the practice of energy conservation and emission reduction.
    After the National Environmental Protection Agency changed its position on March 27, the environmental protection standards issued by the Ministry of Environmental Protection were not only more but also more specific.
    For example, the standards for water pollutants in industries such as chemical pharmaceuticals, phosphate fertilizers, coatings, yellow phosphorus, phenolic resins, and epoxy resins, as well as water pollution in organochlorine, pyrethroid, sulfonylurea, organic sulfur pesticides Emissions standards have been revised. The "Hydrocycle Pesticide Industrial Water Pollutant Emission Standard" was formally implemented on July 1. The implementation of this standard will end the history of China's pesticide industry without long-term national standards for pollutant discharge, marking the pollution prevention and control work in China's pesticide industry. Enter a new phase. At this point, China has eight categories of pesticides that have official or draft standards for the discharge of water pollutants.
    Industry insiders pointed out that the introduction of these green new policies and environmental protection standards is in fact a major change for the pollution control of the oil and chemical industries, which is conducive to energy conservation and emission reduction in the industry.
    Taking the pesticide industry as an example, due to the tightening of environmental protection policies, various pesticide companies have shown great interest in new technologies, new processes, and new equipment for pollution control, glyphosate wastewater treatment technologies, pyrethroid pesticide wastewater treatment technologies, and pesticides. The new technologies for the treatment and recycling of high-concentration hard-to-degrade organic wastewater are being highly concerned by pesticide companies. At the same time, due to the improvement of emission standards, chemical companies are accelerating the pace of structural adjustment, accelerating technological transformation and the construction of environmental protection facilities, and eliminating a number of outdated production facilities with low technological levels, high energy consumption, and severe pollution, but no hope of governance compliance. At the same time, strictly implement the technology and environmental protection threshold for new installations, and achieve emission standards through technological advancement and implementation of cleaner production to achieve energy conservation and emission reduction targets.
    The Ministry of Environmental Protection recently disclosed that in 2007, the country’s total chemical oxygen demand and total sulfur dioxide emissions fell for the first time, and the emission reductions achieved by the petroleum and chemical industries accounted for a major share of the total national emission reductions. Although the emission reduction data for the first half of this year has not yet been formally released, it is expected that the “double decline” in the first half of the year will be a foregone conclusion.

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