Progressive pricing
China Daily | Updated: 2010-10-12 07:58
A tiered electricity pricing mechanism for residents is a necessary starting measure to help China adapt to a more energy-saving future.
Chinese policymakers should be encouraged to come up with more such initiatives to raise awareness of the scarcity of resources and the environmental cost of power among consumers, as well as producers.
Last Saturday, the National Development and Reform Commission announced its intention to introduce a progressive pricing reform for residential electricity use.
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