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China mulls green tax

China mulls green tax

Write: Tapti [2011-05-20]

The Chinese government is considering an environmental tax, and also discussing a tax on carbon emissions, Cri.com reported Wednesday, citing an official.

China mulls green taxProperty measures inspection launched

During the 12th Five-Year Plan (2011-2016), the government will largely use market and economic measures to accelerate efforts to reduce carbon emissions, Xie said.

Some cities, including Beijing, Shanghai and Tianjin, are participating in a carbon credit exchange trial, Xie added.