Wednesday, July 25, 2012

India concerned over carbon tax on airlines by EU

Press Trust of India: India on Tuesday expressed concern over the decision of European Union to impose carbon tax on airlines, saying the initiative will have implications on the developing countries. A Finance Ministry paper on Climate Change noted that nations, which had imposed the carbon tax, have yet to fulfil their financial commitments to the developing nations to deal with the issue of climate change. Recently, European Union took a "unilateral" decision to levy charges on international flights to deal with...

URL: http://zeenews.india.com/business/news/economy/india-concerned-over-carbon-tax-on-airlines-by-eu_56498.html

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