China will start taxing imports of dirty fuels used to make lucrative but lower quality products from next month, citing pollution concerns and the need to promote fairness in the refining sector.Imports of products such as light-cycle oil -- a low-quality fuel that’s blended into diesel or fuel oil -- will be subject to the consumption tax from June 12, according to a statement from the Ministry of Finance.
https://www.bloomberg.com/news/articles/2021-05-14/china-to-tax-dirty-oil-flows-from-next-month-citing-pollution
China will start taxing imports of dirty fuels used to make...
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