Saturday, May 26, 2012

Aviation emission tax is here to stay: EU

London: The EU insists that it will make no changes to its plans for a carbon tax on aviation emissions, despite continued warnings from India and China of retaliatory action, and the failure by two Indian airlines and eight Chinese airlines to submit emission data by a March 31 deadline.
“The day we get an ambitious global deal, we could amend our legislation. In the meantime, our law is here to stay,” said Mr Isaac Valero-Ladron, spokesperson for EU Commissioner, Ms Connie Hedegaard, in an e-mailed response.
“I am glad to see that India favours a global deal. So do we. In fact, the EU has been pushing for this for almost two decades.”
His comments follow a warning from the Civil Aviation Minister, Mr Ajit Singh, who told the Financial Times in an interview this week – travelling is always a two-way traffic – and that if Europe could impose sanctions, so could other countries.
25/05/12 Business Line
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment