China's…parliament passed a law…that will levy specific environmental protection taxes on industry for the first time from 2018, as part of a renewed focus on fighting the country's pollution woes. "Tax revenue is an important economic means to promote environmental protection"[.]… The tax rate will be 1.2 yuan ($0.17) per unit of atmospheric pollution, 1.4 yuan per unit of water pollution, 5 yuan per tonne of coal waste and 1,000 yuan per tonne of "hazardous waste". Industrial noise polluters will also be levied 350 yuan per month if they exceed limits by 1-3 decibels, 700 yuan for 4-6 decibels and 11,200 yuan per month for 16 decibels and more…. China has not previously imposed any specific environmental taxes, and the new levy will replace an earlier system of miscellaneous charges that are regarded as far too low to deter polluters.