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NDRC: China mulling to levy environmental tax

11-24-2010 08:51 BJT Special Report:UN Climate Change Conference in Cancun |

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The government is considering an environmental tax to raise the public awareness of climate change. That's according to the deputy director of the National Development and Reform Commission.

Xie Zhenhua, Deputy Director of National Dev't & Refrom Commission said "Our related departments are actively working on levying an environmental tax. But in the terms of a carbon tax, we're still working on it. It's possible that the taxation system will be introduced during the 12th Five Year Plan. The market and economic regulatory measures will be used to lower the carbon emissions. The steps will speed up in the future."

The government is considering an environmental tax to raise the public awareness
of climate change.

More voice from China on climate change:

China: Compromise needed at Cancun

China's chief climate envoy to the next week's U.N. climate conference in Mexico says participants need to agree on financing and technology transfer arrangements. Xie Zhenhua, who is also the Deputy Director of the National Development and Reform commission, says reaching consensus on these issues will help developing nations reduce their greenhouse gas emissions. Full story >>

China to boost energy-saving industries

The environmental tax is one step. But the NDRC also emphasized the importance of investment in energy saving industries.

Officials say that during the current five-year plan, China's green industry development has produced several breakthroughs. making substantial improvements to meet the basic five emission reduction goals. Full story >>

Editor:Xiong Qu |Source: CNTV.CN

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