By: Gwynne Dyer
The announcement last week by China’s ministry of finance that the country will introduce a carbon tax, probably in the next two years, did not dominate the international headlines. It was too vague about the timetable and the rate at which the tax would be levied, and fossil fuel lobbyists were quick to portray it as meaningless. But the Chinese are deadly serious about fighting global warming, because they are really scared. Details here.