PPRuNe Forums - View Single Post - European Union Emissions Trading Scheme (ETS)
Old 12th Mar 2009, 18:17
  #9 (permalink)  
Paradise Lost
 
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No need to be cynical about this new TAX, because HMG has already told the EU parliament that it does not intend spending it's share of this windfall on environmental projects!
This is just the beginning of the massive clawback that is required to service UK's national debt. While BBGA and all other operators should take umbrage and represent their objections, unfortunately it is all too late, as this plan is now a "fait accompli" in European law.
The only real hope of getting it deferred, or better still rescinded is for the rest of the non EU world to object through the WTO.
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