China looking at carbon tax

Telstra BigPond News and Weather (Jan 11 2012) Cap and Trade , Carbon Tax , Emissions

1. China's lead negotiator on climate change says the world's largest emitter is considering imposing a tax on carbon to reduce the use of dirty energy as its economy grows. Su Wei, on a visit to Washington, said that the fast-developing Asian power was looking at the impact of an outright tax on carbon and whether it would overlap with China's plans for a pilot scheme on carbon emissions trading. "I think the carbon tax is one of the instruments that can be used," Su Wei told reporters on Wednesday during a visit to the World Resources Institute, a think-tank. (Read Full Article)

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