No tax on CO2 emissions in China`s new environment law
Polluters will be charged for contributing to air, water and noise pollution, according to a copy of the legislation on the NPC`s official web site.
But CO2 did not make the list, which includes air and water pollutants such as sulphur dioxide and sulfite, taxed at rates beginning at 1.2 yuan ($0.17) and 1.4 yuan ($0.20) per unit respectively.
It also stipulates a monthly tax ranging from 350 to 11,200 yuan ($50 to $1612) for noise pollution.
The Environment Tax Law will come into effect on January 1, 2018.
China is the world`s largest emitter of greenhouse gases, due to its heavy reliance on coal to provide electricity to its population of 1.37 billion.
The fuel has also contributed to the country`s severe smog problem.
Last week, cities across China`s northeast went on "red alert" for air pollution, triggering an emergency response that included taking large numbers of cars off the road and closing some factories.
The crisis also spurred a call by Chinese President Xi Jinping for the country to develop clean energy sources in order to reduce smog, the official Xinhua news agency reported.






