Sunday, January 01, 2012

EU Aviation Carbon Tax




(Brussels, Belgium) Effective today, the European Union will collect carbon taxes from airlines.
Experts expect that the introduction of carbon taxes on airlines will lead to an increase in ticket prices for passengers, from two to 12 euros ($2,5 - $15,5) on medium-range flights, and from four to 24 euros ($5 - $31) on transatlantic flights.

But the EU plan has triggered protests from different countries.

Chinese state-owned news agency Xinhua said it would be difficult to avoid a “trade war”.

“This is a trade barrier in the name of environmental protection and will strike a wide blow to passenger benefits and the international airline industry,” Shanghai Daily reported, quoting Xinhua news agency.

“It will be difficult to avoid a trade war focused on an aviation ‘carbon tax.’”
Along with China, India, the U.S. and other countries are also protesting the carbon tax scheme, commonly called the Emission Trading Scheme (ETS).

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