The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK ( Trefis) -- The Chinese government has decided to tackle heavy metal pollution head on as there has been a public outcry on increasing incidents of acid contamination from copper mines and drinking water being threatened by cadmium spills.
The government has decided to conduct a review of lead-related industries, which are considered the biggest pollutants, and strengthen the monitoring of pollutants from them. This comes in the wake of a heavy metal measurement plan China had issued last year to tackle five key industries, including that of lead acid batteries. The document contained specific information on 1,962 lead battery makers, including volume and discharged waste water for each one of them.
See our full analysis for Johnson Controls
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts