India Weighs Response To EU Carbon Tax | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 03.23.17

Airborne
03.20.17

Airborne
03.21.17

Airborne
03.22.17

Airborne
03.23.17

Airborne 03.24.17

Airborne-Unmanned 03.21.17

Airborne-YouTube

AMA 03.23.17

Airborne
03.20.17

Airborne
03.21.17

Airborne
03.22.17

Airborne
03.23.17

Airborne 03.24.17

Airborne-Unmanned 03.21.17

Wed, Dec 28, 2011

India Weighs Response To EU Carbon Tax

Warns Carbon Scheme Will Bring Retaliatory Action

India, one of almost two dozen nations gearing up for a fight with Europe over the imminent launch of a unilateral carbon licensing system, warns that the unilateral action by Europe could lead to international retaliation. Official sources now say India will decide on a formal policy sometime in February, according to a report in The Economic Times of India.

Following a recent interministerial meeting which included Indian government and airline officials, the Times quotes an unnamed, high-level government official as warning, "The EU has legislated without consulting the rest of the world and they might have to face retaliatory measures from other countries of the world. Therefore, they might have to reconsider whether their call is worth taking."

The Indian government estimates the new taxes imposed by the EU will cost India's airlines an additional four billion rupees per year, equivalent to about $75 million US, and could rise further as Indian carriers expand service in the future. While the new carbon license fees officially start January 1, airlines won't receive invoices until early 2013, so we'll hear plenty more on this story.

FMI: www.ibef.org/industry/aviation.aspx

Advertisement

More News

Airborne-Unmanned 03.21.17: Heron 1 FOC, Canadian UAVs BVLOS, Quad Inspects C17

Also: Terra Drone, senseFly partners with MicaSense, Quadcopter Topology Optimization The Heron 1 UAV has attained Full Operational Capability (FOC), allowing two Republic of Singa>[...]

Airborne 03.23.17: Citation Longitude Update, Lawn-Chair Balloonacy, Yuneec

Also: Sea Vixen, FAA-UAS Symposium, Boeing Layoffs, Evada Aircraft, OneWeb, Legacy 450, MS A/C Sale The third aircraft in the Cessna Citation Longitude flight test program recently>[...]

AMA Drone Report 03.23.17: New Canada Drone Regs, 'Anti-Drone' Race, Tiny Whoop

Also: SELFLY Camera-Kickstarter, Turtle Tracking Drones, Drones Save Lives! The Canadian government has recently released new regulations for recreational drone operators that carr>[...]

Airborne 03.22.17: Canada Drone Regs, Fuller On ATC, Harrier For Sale

Also: Affordable ADS-B, Mars Beer, Best Tugs, Collins TXP, CAE 70th, Historic WWII Tour, RARA Design Contest The Canadian government had released new regulations for recreational d>[...]

AMA Drone Report 03.23.17: New Canada Drone Regs, 'Anti-Drone' Race, Tiny Whoop

Also: SELFLY Camera-Kickstarter, Turtle Tracking Drones, Drones Save Lives! The Canadian government has recently released new regulations for recreational drone operators that carr>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC