Carbon Tax....Or Trade War..??
Thread Starter
Carbon Tax....Or Trade War..??
This from AVweb Business....
" Opponents Unite Against EU Carbon Tax
Government representatives from at least 26 countries are meeting in Moscow to discuss their opposition to the European Union's controversial aviation carbon tax. The group, which includes the U.S., China and Russia, says the carbon tax is really a trade barrier disguised as an environmental incentive and many, including the U.S., have passed legislation against participating in the scheme. But the EU says its plan, which sees airlines pay escalating taxes for going over diminishing allotments of emissions over the next eight years, is a necessary part of the global effort to fight climate change. Those opposed say Europe is welcome to carry that torch but airlines flying to and from European destinations shouldn't be subject to the tax. There are now signs the issue could blow up into a trade war.
China, for example, has banned its airlines from taking part and says the tax could cost its carriers $124 million a year initially and up to four times that by 2020. Non-payment of the carbon tax could result in the impounding of aircraft and analysts warn that once it gets to that point the tit-for-tat escalation could spread across the trade spectrum. For its part, the EU says the rest of the world should work with the EU on this issue for the sake of the environment. "Nobody would be happier than the EU if we could get such a global deal," Connie Hedegaard, the EU's Commissioner for Climate Action, told the BBC."
AVwebBiz Complete Issue: Volume 10, Number 8
February 22, 2012
'Interesting' take by China....
('There will be no Carbon Tax in 'MY' Government'......she said.)
Cheers
" Opponents Unite Against EU Carbon Tax
Government representatives from at least 26 countries are meeting in Moscow to discuss their opposition to the European Union's controversial aviation carbon tax. The group, which includes the U.S., China and Russia, says the carbon tax is really a trade barrier disguised as an environmental incentive and many, including the U.S., have passed legislation against participating in the scheme. But the EU says its plan, which sees airlines pay escalating taxes for going over diminishing allotments of emissions over the next eight years, is a necessary part of the global effort to fight climate change. Those opposed say Europe is welcome to carry that torch but airlines flying to and from European destinations shouldn't be subject to the tax. There are now signs the issue could blow up into a trade war.
China, for example, has banned its airlines from taking part and says the tax could cost its carriers $124 million a year initially and up to four times that by 2020. Non-payment of the carbon tax could result in the impounding of aircraft and analysts warn that once it gets to that point the tit-for-tat escalation could spread across the trade spectrum. For its part, the EU says the rest of the world should work with the EU on this issue for the sake of the environment. "Nobody would be happier than the EU if we could get such a global deal," Connie Hedegaard, the EU's Commissioner for Climate Action, told the BBC."
AVwebBiz Complete Issue: Volume 10, Number 8
February 22, 2012
'Interesting' take by China....
('There will be no Carbon Tax in 'MY' Government'......she said.)
Cheers
Join Date: Jul 2007
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Might not be her gubbermint for much longer Griffo, looks like Kevvie just chucked teddy from the cot, nd might just have a rematch
Where is the Governor General??? Ohh related to who
conflict of interest hey
Where is the Governor General??? Ohh related to who
conflict of interest hey
Thread Starter
One can only 'HOPE' for an EARLY ELECT.....
But then, I just cannot see 'the rabbit' doing much either......
Its the POWER, Jab, no political decisions for the good of the Country and its citizens....
Just the POWER!!!
At least when 'WE' are 'pulling 25 inches', we KNOW wot that means...!!!
Cheers
(p.s. 'MP' does NOT necessarily mean Member.....of......)
However....
IF China and 'others' are not convinced, then how will this affect the 'survival / profit' bottom lines of those trying to compete with those who do NOT acknowledge the introduction of the 'Tax on everything'......
Interesting....
But then, I just cannot see 'the rabbit' doing much either......
Its the POWER, Jab, no political decisions for the good of the Country and its citizens....
Just the POWER!!!
At least when 'WE' are 'pulling 25 inches', we KNOW wot that means...!!!
Cheers
(p.s. 'MP' does NOT necessarily mean Member.....of......)
However....
IF China and 'others' are not convinced, then how will this affect the 'survival / profit' bottom lines of those trying to compete with those who do NOT acknowledge the introduction of the 'Tax on everything'......
Interesting....
Last edited by Ex FSO GRIFFO; 22nd Feb 2012 at 11:00.
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Simple solution the EU wants the Chinese to lend them money - So how about the EU hand over "Connie Hedegaard, the EU's Commissioner for Climate Action" for corruption charges in China.
Sort out some of the Climate Fraud.
Sort out some of the Climate Fraud.
