06 February 2012
China bans its airlines from joining Emissions Trading Scheme
Chinese airlines have been banned from joining the European Union's Emissions Trading Scheme.
The country"s authorities have also banned the airlines from increasing their fares or adding new charges for the scheme, which aims to cut carbon emissions.
China"s airlines had already indicated that they would refuse to pay the tax, but payment has now been officially banned by the State Council.
The move leaves the EU with a difficult decision about how to react to the ban.
Industry observers fear the situation could escalate into a trade war.
American and Canada have also voiced their opposition to the scheme.
Your Comments
Well done the Chinese hope more join them. We are taxed to death already and this is just a front for the EU to raise more money to keep the ridiculous Euro going. If no one stands up to these Eurocrats we really are all done for.It will cause huge damge to the travel industry and the jobs within it.
By paul howgate, Monday, February 6, 2012
If the Chinese think our laws don't apply to them we can only tax arrivals of Chinese Nationals as an extra carbon tax. Yes, it may create a trade war but that's life.
By Gary Phillips, Monday, February 6, 2012