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China delays carbon tax

2013-03-07 23:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: China will not introduce a carbon tax in 2013, reports Bloomberg. A carbon tax proposed under the country's most recent five-year plan was expected to go into effect in 2011, but Jia Kang, the head of research at China's Ministry of Finance, said the tax will not be introduced this year. The carbon tax is intended to reduce China's greenhouse gas emissions, which are the highest in the world and have been outpacing the country's breakneck speed of economic growth. Public awareness of emissions...

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