After research by China's Ministry of Finance and other relevant departments, China hopes to begin levying a carbon tax during the "Twelfth Five-Year Plan" period (the 12th Five-Year Plan, 2011-2015) and use carbon dioxide emissions as the basis for tax calculation. The best time to launch is 2012.
The relevant research teams of China's National Development and Reform Commission and the Ministry of Finance recently completed a special report on "China's Carbon Tax Tax Framework Design" after investigation and research.
"Economic Information Daily" pointed out that the report analyzes the necessity and feasibility of levying a carbon tax in China, puts forward the basic goals and principles of levying a carbon tax in China, preliminarily designs the basic content of the carbon tax system, and specifically proposes the implementation of China's carbon tax system. structure and related supporting measures. It is understood that the environmental tax plans of the Ministry of Environmental Protection, the Ministry of Finance and the State Administration of Taxation have been completed. A person close to the Ministry of Environmental Protection said that China’s carbon tax is to change the current resource tax into a carbon tax. “Now there is only 2%. Increase the tax rate.”
At present, five Nordic countries in the world, namely Denmark, Finland, the Netherlands, Norway and Sweden, have implemented carbon tax or energy tax policies, and France will also follow suit this year. At the same time, since carbon dioxide is produced by the consumption of petrochemical fuels, carbon taxes should be levied on coal, natural gas, refined oil and other industries, that is, units and individuals that directly emit carbon dioxide into the natural environment.
As for the attribution of the carbon tax, experts said that the carbon tax should not be used as a local tax. However, China’s current local tax revenue is too low. Therefore, it is recommended that the carbon tax be used as a tax shared between the central and local governments. The ratio between the central and local governments is 7:3.
– Reference source: Yahoo! 2010-05-11