18 January 1999 00:00 [Source: ICB Americas]Brazil's Congress has toughened the nation's evolving environmental pollution law, which can result in fines for polluters of up to $50 million, according to Alexandre de Mattos Possik, the environmental technology team leader at the US consulate in Sao Paulo.
Mr. Possik says that since the law provides a window of up to five years for industrial polluters to come into compliance, there is an opportunity for US companies that provide environmental protection equipment and systems.
The law now defines as criminal such activities as providing false information about a company's pollution emissions, as well as damage to the environment itself.
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