Friday round-up highlighting the news and commentary of the week:

China issues draft on Environmental Tax (China Dialogue)

China’s State Council released a draft law on Tuesday proposing levying environmental taxes on all forms of pollutants. These changes are long overdue, and coupled with this week’s naming and shaming of companies who publicized fake pollution monitoring data and the record breaking environmental fines handed out at the beginning of the month, it would appear that the government is making good on its March promise to punish big polluters with an ‘iron hand’.

China Carbon emissions may peak by 2025 (Guardian)

A report from the Grantham Institute of the London School of Economics made waves on Monday, as it predicted that China is on track to reach its peak greenhouse gas emissions 5 years earlier than previously indicated. More importantly, it provided hopeful news with the suggestion that the world could potentially avoid warming of more than 2 degrees. 

BP releases BP Statistical Review of World Energy (BP)

BP released its Annual Statistical Review of World Energy this Wednesday, announcing that the US has now overtaken Saudi Arabia to become the world’s top oil producer. However,  doubts have been cast over their  controversial claim that China's coal consumption increased by 0.1% in 2014 (contradicting China's government statistics for that year) 

Launch of China’s first crowdfunding platform for environmental protection- (ecns)

Launched on Friday, Drive to Green (Chinese only) is a joint-venture between Shanghai General Motors and the China Environmental Cultural Promotion Association. It's the first national platform to share news on green issues, businesses and products,while establishing a database of contributors to provide support for long term environmental projects.

With US as a model, China envisions network of national parks (New York Times)

China is taking inspiration from the US’s national parks system in what could be an exciting new era for conservation for the country. Over the next three years, conservation experts from Beijing and Yunnan will team up with former US national parks managers to supervise trial projects across nine provinces.

A seven-year-old girl holds a balloon in her hometown of Jingding Town, in Yunnan Province. Her and other children in her town have elevated levels of lead in their blood, due to living in the shadow of Asia's largest lead mine.