MOSCOW, December 19. /ITAR-TASS/. Penalties for environmental damage imposed on Russian enterprises should be heavy but not ruinous, Sergei Ivanov, head of Russia's presidential administration, said.
He told representatives of supervisory bodies: “Penalties should be heavy enough to motivate business owners to start modernizing and reducing environmental damage.”
“To make owners understand that instead of paying a fairly large, though not a ruinous, sum of money every year, it would be much better to implement investment programs and stop paying these fines,” Ivanov said, adding that many enterprises had already taken this view.
Questioning severe sanctions imposed for environmental damage, he said that “As a result, enterprises will be ruined, go bankrupt, and we will have to face a very serious social and economic problem", adding, however, that "we cannot just stand by for years doing nothing.