Monday, 6 February 2012

China hardens line over EU carbon tax

It has been reported that the Chinese government has banned its airlines from paying the new European Union carbon  charge, which could lead to trade tension over use of EU airports.

China is not alone in its opposition to the scheme as the US and India are also strongly opposed to the scheme which will see a levy applied to all airlines which operate through EU airports.

Commenting on the development, The Civil Aviation Administration of China (CAAC) said

"China will consider adopting necessary measures to protect interests of Chinese individuals and companies, pending the development of the issue."

The Chinese opposition to the scheme has come after they feel that it is unfair to apply a levelly to developing nations and for the costs to be passed onto the aircraft manufacturers.

I'm not sure the 'developing nation' argument will wash for much longer.

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