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China tests CO2 emissions markets before tax, NDRC official says

Posted on 18 October 2013

China, the top greenhouse-gas emitter, will continue to test carbon markets and may consider a tax at a later stage to reduce pollution levels, according to a National Development & Reform Commission official.
Seven pilot programs for markets are going “pretty good,” Jiang Zhaoli, head of climate change at NDRC, said yesterday at a briefing in Beijing, without being more specific. China is seeking to cut emissions per unit of economic output by at least 40 percent by 2020 from 2005 levels………………………………………..Full Article: Source


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