China is facing a grim future because of climate change, massive pollutions and increasing prices of fossil fuels. To curb its booming energy consumption, it may soon introduce a carbon tax. As China Daily noted :
” China is considering levying a carbon tax within the next three years to tighten its regulations on polluting industries and put the economy on a greener path. (…) The main targets of the tax will be large users of coal, crude oil and natural gas.”
Even if some analysts have called this a hoax, Climate Spectator reminds us the many reasons why a carbon tax is actually the way to go for China, but also for ALL nations…