
“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:
Soda bottlers leave Mexican city after extortion by competing drug gang
Trump says 'tariffs are the greatest!' as Harley-Davidson offshores operations
Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud
Russia yet to decide on Cyprus loan extension
US citing security to censor more public records
Officer looking for work in another jurisdiction after running down fleeing suspect
Swiss solar-power plane set for trans-US flight
Walmart robber's attempted carjacking thwarted twice by drivers pulling out guns
High School Student Disarms Gunman...Gets Suspended
Call of Duty loser calls in SWAT team hoax on kid who beat him
AB InBev's Mega Bonds Just the Start of a Corporate-Debt Deluge
US security chief calls national debt 'a dire threat'
City officer only charged with shooting after 9 day 'extensive inquiry'
New world record as two bottles of Macallan whisky fetch US$2.11 million
A Black Box for Car Crashes