'Red card' polluters face credit crunch
GUANGZHOU: Sixteen firms in Guangdong have been warned they may be denied further access to loans by local banks after receiving their second red card in the environmental protection credit ratings.
The companies were among 28 given the worst rating in 2006 by the provincial environmental protection bureau and were found to have made little progress before the deadline for improvements last year, said the watchdog on its website.
In total, 269 businesses were given environmental protection ratings three years ago; 210 were shown green cards, 31 yellow and 28 red, the latter comprising heavy industrial polluters, thermal power stations with a capacity of over 6,000 kilowatts and wastewater disposal plants with a daily capacity of more than 10,000 tons, said bureau engineer Du Huaming.
