China escalates trade war with EU by banning airlines from paying carbon taxes on flights
February 6, 2012
Source: Mail Online
China today announced it has banned its airlines from paying European Union charges on carbon emissions, escalating a global dispute over the cost of combating climate change.
The charges are aimed at curbing emissions of climate-changing gases but governments including China, the U.S. and Russia oppose them.
The ratings agency Fitch warned in December that the conflict could spiral into a global trade dispute.
Ban: China has forbidden its airlines from paying EU charges on carbon emissions, escalating a global dispute over the cost of combating climate change
The Chinese air regulator said the country's carriers are barred from paying the charges or other fees without government permission, the official Xinhua News Agency reported.
A statement by the Civil Aviation Administration of China said: 'China objects to the EU's decision to impose the scheme on non-EU airlines.'
It said Beijing will now consider unspecified measures in response to protect Chinese companies.
There was no indication there would be any immediate impact on flights between China and Europe or penalties for Chinese airlines.
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