No tax on CO2 emissions in China`s new environment law

  27 December 2016    Read: 2543
No tax on CO2 emissions in China`s new environment law
China has passed a law that levies taxes on pollution, but ignores carbon dioxide, one of the major contributors to global warming, according to the web site of the country`s highest legislative body.
The National People`s Congress (NPC) standing committee passed the law, the first to tax polluters, on Sunday, less than a fortnight after a red alert for smog left more than 20 cities in the country`s northeast choking under a heavy haze.

Polluters will be charged for contributing to air, water and noise pollution, according to a copy of the legislation on the NPC`s official web site.

But CO2 did not make the list, which includes air and water pollutants such as sulphur dioxide and sulfite, taxed at rates beginning at 1.2 yuan ($0.17) and 1.4 yuan ($0.20) per unit respectively.

It also stipulates a monthly tax ranging from 350 to 11,200 yuan ($50 to $1612) for noise pollution.

The Environment Tax Law will come into effect on January 1, 2018.

China is the world`s largest emitter of greenhouse gases, due to its heavy reliance on coal to provide electricity to its population of 1.37 billion.

The fuel has also contributed to the country`s severe smog problem.

Last week, cities across China`s northeast went on "red alert" for air pollution, triggering an emergency response that included taking large numbers of cars off the road and closing some factories.

The crisis also spurred a call by Chinese President Xi Jinping for the country to develop clean energy sources in order to reduce smog, the official Xinhua news agency reported.

More about:  


News Line