Carbon tax soon in China

If China can tax CO2, so can the U.S.

Hou Qiang wrote for Xinhua 19 February 2013, China to introduce carbon tax: official

China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry of Finance (MOF).

The government will collect the environmental protection tax instead of pollutant discharge fees, as well as levy a tax on carbon dioxide emissions, Jia Chen, head of the ministry's tax policy division, wrote in an article published on the MOF's website.

-jsq