Yes. It’s about to activate in 2026, I believe.

They arent polluting far less than the US but it is less. Sadly this only shows 2000-2023, because that only shows Chinas major growth period where emissions went up overall. If you were to look at the last 5 years or so you would see they are actually reducing drastically and will probably never reach the pollution level of the US and keep improving much faster than the US.

https://en.wikipedia.org/wiki/List_of_countries_by_carbon_dioxide_emissions_per_capita

China is stepping down pollution at a rate unimaginable to Americans, and theyre only high polluters because we shipped them our dirty jobs. Also, they could pass that carbon tax down to consumers because we don’t have the industry to do it anymore. Like Trump’s tariffs. We no longer have the ability to step up steelworks much, and it would take years to get caught up, and by then, the investment likely wouldn’t be worth it.