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EU ready to compromise over airline carbon tax: EU source

Posted on 05 September 2013

The EU is ready to compromise over its tax on airline carbon emissions if opponents, led by the United States and China, apply a similar levy by 2016, a European source said on Wednesday.
The source said Brussels will put the plan to the International Civil Aviation Organisation (ICAO) later this month in the hope of getting a deal to tackle the carbon dioxide emissions many blame for global warming. Late last year, after running into a storm of criticism, the EU suspended its CO2 Emissions Trading Scheme (ETS) for intercontinental flights for 2013, saying it wanted to give all sides more time to reach a global accord………………………………………..Full Article: Source


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