Submitted by admin on January 6, 2012
Thursday, January 5th, 2012 21:27:00
SHANGHAI: Chinese airlines will not pay European Union carbon emissions charges that came into force on January 1, a national aviation industry group said Thursday.
The EU launched the Emissions Trading System (ETS) in 2005 in a bid to reduce carbon emissions of power stations and industrial plants, and extended the scheme to airlines from Sunday.
The move means airlines have to buy pollution permits to fly in Europe under a cap-and-trade scheme that has angered the US and Chinese governments and airlines worldwide.
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