Hong Kong Utilities Agree to Link Rates to Pollution
Jan 7, 2008 - Hong Kong - "Hong Kong's two electric power companies agreed ... to ...rate of return on assets based partly on how much pollution they emit, an approach that could someday be a model for mainland China's ..."
"If either company exceeds regulatory limits for any pollutant, then it would be required to charge less for its electricity, reducing its allowed rate of return ...[if] manage to cut their pollution by even more than required, then they raise prices so as to earn bonuses ...on their rate of return. A complicated calculation also allows them to charge slightly more for electricity as they make progress in using more renewable energy."
Via: International Hearald Tribune Link