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Article: Carbon tax under review by Chinese authorities, report says.
- Article from:
- The Oil Daily
- Article date:
- September 24, 2009
- Author:
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Several government ministries in China are studying a proposal to tax greenhouse gas emissions starting in 2012, a leading Chinese business daily reported Wednesday.
The report comes a day after Chinese President Hu Jintao pledged to curb the growth of China's carbon dioxide emissions by a "notable margin" by 2020 from their 2005 levels during a UN summit on climate change (OD Sep.23,p1).
The business daily, The 21st Century Business Herald, reported that Chinese government agencies--including the Tax Administration, Finance Ministry and the Environmental Protection Ministry--were studying a carbon tax proposal from the Energy Research Institute (ERI) of ...