Sunday, June 05, 2011

More mindless followers of Rush Limbaugh?: China's aviation authority balks at paying planet-healing tax

EU offers solution to China in row over aviation CO2 - Arab News
BRUSSELS: The European Union has told Chinese airlines they can win an exemption from the EU’s carbon market if they follow Europe’s lead in cutting greenhouse gas emissions from aviation, according to a letter seen by Reuters.

From Jan. 1 next year, the EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme (ETS), a system that forces polluters to buy permits for each ton of carbon dioxide they emit above a certain cap.

But China’s aviation authority opposes the measure, saying it will cost Chinese airlines 800 million yuan ($123 million) in the first year and more than triple that by 2020.

1 comment:

Anonymous said...

Good for China. Carbon Trading is a scam.