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Firm gets first 'green insurance'

By Yu Tianyu | China Daily | Updated: 2008-12-02 08:12

A company in Hunan province was compensated 11,000 yuan for an environmental liability policy it bought from Ping An Insurance.

This is China's first case of its kind, the Ministry of Environmental Protection (MEP) announced yesterday.

More than 120 villagers, whose vegetable fields were poisoned by leaked chlorid gas from Hunan Haohua Chemical Co Ltd, will share the compensation.

Firm gets first 'green insurance'

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