
“The EU will put its controversial carbon tax on intercontinental airline flights on hold for a year to give time for international talks to reach a compromise on the issue. Almost all ICAO members have objected to the EU carbon tax on airline flights, which formally took effect in January 2012, saying it violated international law. China even threatened reprisals against European aircraft maker Airbus. The US rejects the EU’s methodology which calculates the tax based on the entire flight, but could possibly accept basing it on the portion through European air space. US airlines lost a complaint against the tax before the European Court of Justice.”
http://www.rawstory.com/rs/2013/03/21/european-union-delays-carbon-tax-for-one-year/
Related posts:
Italy’s Berlusconi vows to refund money from unpopular tax
US Pushes for Free Trade Pact with EU Despite NSA Scandal
New tax law driving expats to renounce U.S. citizenship
China National Nuclear to Raise $2.6 Billion in IPO
Google Stock Surge Adds Record $52 Billion to its Market Value
Rogue Cop Assaults Elementary School Student
Soc. Security, Treasury target taxpayers for parents’ decades-old debts
UN-backed Somalia government reintroduces taxes after 23 years
Econ 101 for Panama: New Price Controls Bring Rampant Shortages
Federal Guilty Pleas Soar As Bargains Trump Trials
Officer sold police-issued bulletproof vests in Walgreens parking lot
'Drop Dropbox' protests as wiretap proponent Condoleezza Rice joins
Draft Senate resolution allows Obama 90 days for Syria military campaign
A decorated Navy SEAL abused a 5-year-old and filmed it
Johns Hopkins researchers reverse Down syndrome in mice