China to Bar Polluters from Stock Market – AP

From AP, a new strategy to combat industrial pollution:

China will bar companies that violate pollution rules from raising money through the stock market, a state newspaper said Wednesday, in a new effort to end widespread defiance of environmental standards.

The government has been stepping up environmental enforcement following three decades of rapid growth that have left China’s air and water badly polluted. It said in July it would create a blacklist of polluting companies that would be denied bank loans. [Full text]