Gallery: China Announces Plans to Tax Carbon Emissions and Clean up Air...

 

Image: © John E. Williamson

Not long after reports of China’s unearthly pollution dominated headline news, the Ministry of Finance has published plans to tax carbon emissions. The idea of a carbon tax is not new in China, but the secretary of tax administration Jia Chen has now drawn up a comprehensive document that promises, among other things, to promote sweeping environmental tax reform and include carbon dioxide emissions within its scope.

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