Summary Box: China Wants Talks ON EU Carbon Charge


Salon Staff
January 5, 2012 10:54PM (UTC)

AIRING CONCERNS: China urged the European Union to heed objections to EU plans to charge airlines for carbon emissions. Airlines flying to or from Europe must obtain certificates for the carbon dioxide they emit. They will get free credits to cover most flights this year but must buy or trade for credits to cover the rest.

FLYING ON FUMES: The charges, which took effect Sunday, aim to curb emissions of greenhouse gases. Airlines call them an improper tax. Ratings agency Fitch has warned that the conflict could spiral into a global trade dispute.

Advertisement:

CHINA'S BIG STICK: Beijing could have unusually strong leverage in a possible dispute because its state-owned airlines carry large numbers of Chinese and other Asian tourists to Europe. Any disruption would hurt Europe's travel industry when the continent is struggling with a debt crisis and high unemployment.


Salon Staff

MORE FROM Salon Staff

BROWSE SALON.COM
COMPLETELY AD FREE,
FOR THE NEXT HOUR

Read Now, Pay Later - no upfront
registration for 1-Hour Access

Click Here
7-Day Access and Monthly
Subscriptions also available
No tracking or personal data collection
beyond name and email address

•••





Fearless journalism
in your inbox every day

Sign up for our free newsletter

• • •