Opponents Unite Against EU Carbon Tax

[In The News]

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.

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