If China goes green, so will the world. And now, it seems like China plans to do just that! China’s 12th five-year plan has already been approved by Communist Party leaders and appears to be quite ambitious.
However, the new plan does not include any mention of a carbon tax. Chinese officials have hinted that such a tax would only be launched around 2013.
It comes as no surprise that China is the largest producer of carbon dioxide emissions globally. In fact, China experienced a 32.5 percent increase in emissions between 2006 and 2009. This five-year plan is needed now more than ever!
From Yan Y.
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