Research Of The Tax On The Low-Carbon Economy In Terms Of Law

As the rapid development of the Chinese economy and the upgrading of the industrialization, China's carbon emission has been increasing and now ranks top across the world. High carbon emission of China, which attracts much attention from other countries, poses much pressure on China and also becomes the bottleneck of Chinese economy development. China, whose extreme weather conditions have been frequent in the past three decades, is one of the countries worst affected by the green house effect caused by high carbon emission. In order to solve these problems, now, low-carbon economy is China's goal in economic development. Premier Wen Jiabao made a commitment at the Copenhagen Climate Change Summit that until 2020 China's carbon dioxide emission would drop by 40%-45% per unit of GDP on the level of 2005. Besides, in the Government Work Report made by Premier Wen Jiabao at the National People's Congress and the Chinese Political Consultative Conference, he proposed that we should try to adapt to and ease the climate change, at the same time, build the low-carbon industrial system and consuming model. To accelerate transformation of the mode of economic development, we need to put the low-carbon economy, green economy and recycling economy on the high agenda. After Premier Wen Jiabao's specific dispositions in the Government Work Report, regions of all levels have proposed their own low-carbon economy development strategies. After making a general survey of China's low-carbon economy development, the author noticed that it basically relies on the government's policies, plans and guidance and is supported by the systemic tax law. Even though there are laws and regulations in promoting the low-carbon economy, they are in the charge of different departments and coordination is lack. These factors would hinder China's carbon emission reduction. Against this backdrop, we need to press ahead to improve the tax law to promote the low-carbon economy. By analyzing, comparing the tax laws both home and abroad, the author found that China has a lot of experiences to learn, because we need to ensure that our tax law is in line with China's low-carbon economy development. Finally, in order to resolve the current problems existing in the low-carbon economy, the author proposed the respective policies in further establishing the independent tax system and the carbon trade system and improving the tax environment.