ENVIRONMENTAL LIABILITY: 350 words
December 1st, 2003
BY KEITH NUTHALLCOMPULSORY pollution insurance could be introduced for companies at risk of breaking the proposed European Union (EU) environmental liability directive, under amendments approved to the legislation this week by the European Parliament.The change tells the European Commission to check in five years' time whether the directive has sparked private insurance and security instruments allowing polluters to cover themselves for their potential liabilities. If not, then Brussels would be bound to propose a law insisting on phasing in a system of ...
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