Monday, August 01, 2011

India to oppose EU's emission trading system for airlines

Mumbai/New Delhi: The Indian government will oppose the European Union's proposal to make airlines buy carbon credits for using its airspace on the grounds that it is unilateral and unfair on carriers from developing countries.
EU's proposal to cap planet-warming gases under its emission trading system (ETS) makes it mandatory for airlines to buy carbon credits equivalent to the carbon dioxide emitted by their aircraft while flying over the region. This is likely to force airlines to pass on the cost to passengers. India also says the arrangement would allow European carriers to manipulate the taxation system after it comes into force from January 1 next year.
"India is protesting the imposition of this system because no ETS measure can be imposed without bilateral negotiations. Tomorrow, they (EU) may impose another tax and nobody would be able to do anything," a top government official said.
India will take up the issue with the authority concerned in the European Union.
01/08/11 Manisha Singhal & Anindya Upadhyay
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment