Economy

Demeter

(85,373 posts)

5. India warns EU over airline carbon tax

Thu May 24, 2012, 08:04 PM

May 2012

India has made a veiled threat to ban EU airlines from its airspace if Brussels goes ahead with sanctions against Indian airlines in a dispute over carbon tax.

Dozens of countries, including the US and Russia, have attacked Brussels for making all airlines flying into the EU subject to its carbon emissions trading scheme from this year.
Last week Indian and Chinese airlines refused to share data with the EU on how much carbon they had emitted in 2011 – the most serious revolt against Brussels’ scheme to charge carriers for their pollution.

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http://link.ft.com/r/VKY5JJ/8ZLQ2R/FDFZE/DWNQ7R/5V1VJA/E4/t?a1=2012&a2=5&a3=24

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