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RENEWABLES / CLIMATE CHANGE TRENDS
 
Vol. VIII Issue. 30
China airlines won't pay EU carbon tax

10 January 2012

January 4, 2012. China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers. The EU's Emissions Trading Scheme (ETS) was launched in 2005 as one of the major pillars of the bloc's efforts to combat climate change. From January 1, all airlines using EU airports are included in the cap-and-trade scheme.

      
 
 
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