Monday, June 27, 2011

Stunner: Chinese airlines not willing to cough up huge sacks of climate hoax cash

China holds up Airbus order on EU CO2 row | Reuters
FRANKFURT, June 24 (Reuters) - China is holding up a multi-billion euro aircraft order, placed with Airbus by Hong Kong Airlines, in protest at European Union plans to extend carbon dioxide emissions trading to air traffic, a German newspaper reported.
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Beijing's aviation authority said the EU move will cost Chinese airlines 800 million yuan ($124 million) in the first year and more than triple that by 2020.

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