Thursday, April 12, 2012

EU tax deal breaker for global climate talks - minister

Reuters: A European Union law that charges airlines for carbon emissions is "a deal-breaker" for global climate change talks, environment minister Jayanthi Natarajan said, hardening her stance on a scheme that has drawn fierce opposition from non-EU governments. From January 1, all airlines using EU airports have come under the European Union Emissions Trading Scheme (ETS), prompting a volley of retaliatory threats, including of a possible trade war. U.S. airlines have said they would grudgingly comply,...

URL: http://in.reuters.com/article/2012/04/11/india-eu-climate-idINDEE83A04D20120411

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