Environmental tax

According to a Reuters press agency report, China's environmental tax plan has been submitted to the State Council, which will consider a new tax related to production processes, release of dioxins, wastewater quantities, municipal solid wastes, etc.
The Ministry of Environmental Protection has been leading the initiative with the Ministry of Finance, spurred on by public opinion in the face of rapidly deteriorating environmental conditions.
The new tax, in line with China's increasing sensitivity to environmental safeguards- perhaps coming too late - will produce, according to the China Petroleum & Chemical Industry Association, a real impact on production costs and price lists...