Senate votes to shield U.S. airlines from EU's carbon scheme | Reuters
(Reuters) - The Senate unanimously passed a bill on Saturday that would shield U.S. airlines from paying for their carbon emissions on European flights, pressuring the European Union to back down from applying its emissions law to foreign carriers.
The European Commission has been enforcing its law since January to make all airlines take part in its Emissions Trading Scheme to combat global warming, prompting threats of a trade fight.
This should get interesting as China is playing exactly same ball game. EU will be forced to examine whether it wants to saddle EU airlines with billions in taxes when competition refuse to pay for these Voodoo taxes.
Sanity at last.