Asia Times Online: China studying energy conservation taxes

From Asia Times Online:

To address the urgent need for energy conservation, China’s government bodies and research institutes are working on a taxation system to curb soaring energy consumption.

“We are currently doing research work for the taxation with the pertinent government departments and research institutes, and a proposal is expected to be reached within a couple of years,” Yang Fuqiang, vice-president of the Energy Foundation Beijing Office told China Daily in a telephone interview on Tuesday. Yang’s energy foundation renders financial support to researchers.

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