ENVIRONMENTAL LIABILITY
February 1st, 2003
BY ALAN OSBORNEUROPEAN insurance companies have raised practical objections to a proposed amendment to an EU directive on environmental liability that would make insurance compulsory five years after the directive comes into force. The directive, proposed a year ago, would seek to reduce environmental pollution under three headings - bio-diversity, water, and damage causing serious potential or actual harm to public health via soil or sub-soil contamination. The European Commission says countries "should encourage the development of appropriate insurance or ...
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