Carbon tax proposed to battle environmental challenges

A provincial-level carbon tax has been proposed in an attempt to curb emissions which contribute to climate change.

A report compiled by the China Environmental Culture Promotion Association and the China Institute of Development Strategy Studies proposes that carbon can be used as a barometer – a tool for monitoring economic activities.

The report suggests levying a provincial carbon tax and establishing a special monitoring committee. Any provinces that have excessive carbon emissions should bear the responsibility of paying for the excess in accordance with its local gross domestic products.