China to tax the biggest polluters

Sydney Morning Herald: CHINA will hit ''outdated'' highly polluting industry with a big electricity price surcharge as part of a push to dramatically slow the growth of the country's greenhouse emissions over the next five years, a senior Chinese official has said. Xie Zhenhua said yesterday China had singled out ''outdated'' companies in eight energy-intensive industries including iron and steel, cement, aluminium and iron alloy for a special 20 cents per kilowatt hour surcharge on their electricity payments. Mr......

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