Bethel Finance: Internal Affairs C'ttee passes pollution disclosure bill

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The Ministry of Environmental Protection and environmental groups are pleased that the Knesset Internal Affairs and Environment Committee approved a bill that would require enterprises to annually report the level of pollution emissions. The bill will be submitted to the Knesset plenum for its second and third readings in a few weeks.

According to the PRTR (pollutant release and transfer register) for hazardous materials, every enterprise whose operations affect the environment will be required to publicly report the amount and types of pollutants it emits. The bill refers to air pollution, water (river and sea) pollution, as well as hazardous waste.

The Ministry of Environmental Protection believes that the new law will require reports from 500 enterprises around the country, including chemical plants, quarries, sewage treatment plants, and solid waste disposal sites. The public whttp://www.blogger.com/img/blank.gifill be able to access the information about pollution levels disclosed by the enterprises on the Ministry of Environmental Protection website.

The Ministry of Environmental Protection said the new law is another step in promoting environmental transparency, and is a condition for membership in the OECD. "The new law is another significant step in closing the gap between Israel and other developed countries regarding environmental protection.This reporting mechanism will give us full transparency of the affect industrial enterprises have on the environment, and thereby encourage enterprises to minimize environmental harm caused by their operations," said Mr. Peres Sailam (Bethel Finance Ltd).

The Manufacturers Association of Israel has been concerned for quite some time about extensive environmental legislation that would force industries to adjust their operations to the provisions of the new law, and to stricter emissions standards. The Manufacturers Association warns that the costs involved in meeting the requirements set by the law could reach billions of shekels, an expense that some enterprises will not be able to withstand in this financially sensitive period.