CCTV.com - CNTV English - CCTV News

Environmental tax gets approval

12-13-2011 09:23 BJT Special Report:Durban Climate Change Conference |

The Ministry of Finance (MOF) has approved an environmental tax and officials are now allowing the proposal to undergo scientific debate and evaluation, the Legal Mirror reported.

The tax will be levied on carbon dioxide, sulfur dioxide, wastewater and solid waste. The petroleum and petro-chemical industries that consume high amounts of energy will be the main targets, the Beijing-based newspaper reported on Saturday.

The MOF is preparing to evaluate the proposal with the State Administration of Taxation and the Ministry of Environmental Protection, the report said.

Xu Wen, a tax policy expert from the MOF, told the newspaper conditions for the introduction of the environmental tax are ripe.

According to Xu, the tax is changing an already existing fee into a tax.

Some doubt the tax will have much effect on polluters. "The environmental evaluation system is not fully developed. The tax might possibly only increase hassles for ordinary people, rather than work effectively to tackle environmental pollution," said one microblog user.

The tax rate was a critical factor regarding whether the environmental tax will be effective, Xu said.

"The current pollution discharge fee is too low. Enterprises pay the fee rather than treat and control pollution," he was quoted as saying.

"It's critical to calculate the environmental costs into the GDP and collect the tax based on that. How to ensure the tax is used to protect the environment is another key concern," Ma Jun, the director at the Institute of Public and Environmental Affairs, told the Global Times yesterday.

In a statement issued on October 20, the State Council officially declared that it is actively promoting reform and research on environmental taxation, as well as developing a national emissions trading market.

Editor:Zhang Hao |Source: People's Daily

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program