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Chinese minister confirms carbon tax is on its way

2013-07-22 13:40:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: China's strategy for combating climate change will at some point include a tax on greenhouse gas emissions, according to the country's finance minister. Lou Jiwei told delegates at China-US Strategic and Economic Dialogue last week that China would expand environmental taxes to include carbon "in due time", according to news agency Thomson Reuters Point Carbon. The annoucement follows the publication of a document earlier this year by the Ministry of Finance detailing a new tax regime designed...

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