The Suggestions on Carbon Taxes Composition of Environmental Taxation System Innovation

Foreign practice shows that negative impact of a carbon tax on economic growth is not large, and it can promote low carbon economic development. To introduce a carbon tax is imperative in China because it will help to reduce carbon emissions, transform economic development, improve the environmental tax system, deal with international carbon tariffs, and establish a responsible image. In order to design carbon tax system in China, some suggestions should be noticed: choosing a reasonable introduction opportunity, implementing a progressive carbon tax, perfecting the exemption clause, following the tax revenue neutral principle, forming the force of environmental economic policies.