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Hydropower and water supply to pay environmental fees

In Uncategorized on October 26, 2010 at 5:35 pm




Hydropower and water supply to pay environmental fees


QĐND – Saturday, October 23, 2010, 20:48 (GMT+7)

Environmental fees will be imposed on businesses, especially hydropower and water supply, that use and greatly benefit from natural resources.


The newly issued Decree No99 defines that from January 1st, 2011, hydropower and water supply producers have to pay fees for their use of natural resources.


Accordingly, hydropower plants have to pay VND 20 for each 1 kWh of commercial electricity, and water suppliers have to pay VND 40 for the production of every cubic meter of commercial water.


The proceeds will then be given to tree planters to replenish forests and to agricultural, forestry, and natural resources management bodies to take measures against soil erosion, dredge sediment deposits in lakes, streams and river beds, as well as maintain water sources.


According to experts, the policy could improve the environment and promote organisations’ and individuals’ environmental protection and awareness of economization of natural resources.  


Source: DDDN, photo: Vnexpress


Translated by Thu Nguyen


Source: QDND

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