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Article: CHINA'S CARBON TAX SCHEME LIKELY TO COME OUT IN ONE MONTH, REPORT.
- Article from:
- AsiaPulse News
- Article date:
- May 4, 2009
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BEIJING, May 4 Asia Pulse - Chinese regulatory authorities are now drafting plans for collecting environment and energy taxes, and the included carbon tax scheme is predicted to come out in one month, Daily Economy News quoted Su Mingjin, deputy director of Finance Institute of the Ministry of Finance, as saying.
According to Su, the environment tax under study includes carbon tax on carbon dioxide emissions, sulfur tax on sulfur dioxide emissions, nitrogen tax on nitrogen oxide emissions and a tax on wastewater treatment.
Su meanwhile refuted a media report that the energy tax would likely be replaced by the carbon tax, saying that the former is for ...