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Pound euro outlook: GBP EUR exchange rate predicted to climb

Posted on 04 April 2014

The European Union has abandoned its plan to tax carbon dioxide emissions from flights into and out of European airspace. The proposal would have included flights originating in the United States.
After debating late into the night, the EU Commission agreed to axe its proposal to tax emissions from flights while they are outside of European airspace. The original proposal would have taxed international flights for carbon dioxide emitted from the whole flight, not just the portion in EU airspace. ……………………………..Full Article: Source


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