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 On ANN

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Airborne-HD On YouTube

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

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

Counting Down! ANN's Infamous April 1st Edition's Just Around The Corner!

Get Your Wacky Ideas In NOW! ANN E-I-C Note: Folks... we gotta warn you... our Annual April 1st Editions are LEGENDARY -- and this WILL be our best April 1st Edition yet. Based on >[...]

Airborne 02.24.17: RV-10 Suit Dismissed, 2016 GA Sales, Red Tail Legacy

Also: Falcon 9 Landing, TFR Busts, Denton Airshow, QF-16, Treasure Coast, 'Fly Safe' Campaign, Juno Mission When the news first came out, in 2015, that Van's Aircraft was sued for >[...]

Sun 'N Fun To Host Massive Gathering Of P-51 Mustangs

Expected To Be The Largest Assembly Of P-51s In A Decade Or More It is being billed as possibly the largest gathering of P-51 Mustangs in a decade or more ... on Wednesday, April 5>[...]

DJI Hints At A New Drone, Reveals Details Early

Industry WAS Speculating What The Drone Giant May Be Bringing To Market Next Generating buzz is good marketing, and DJI was doing so with a Tweet announcing new products for the Mo>[...]

Klyde Morris (02.27.17)

Klyde Is Amazed By All The Ways NASA Info Gets Interpreted FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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