European Union delays carbon tax for one year

“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/

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