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






Airborne On ANN

Airborne 11.23.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.23.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

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.



More News

Airborne 11.25.15: Blue Origin Reusable Rocket!, AMA Reacts, Transgender Pilots

Also: UK CAA, E-Fest 2015, Citizens In Space, Gulfstream G500, Dassault Falcon Jet, CFM LEAP-1A, Tuskegee's Milton Crenchaw ANN Airborne Link: /index.cfm?do=video.playVideo&vid>[...]

Aero-News: Quote Of The Day (11.29.15)

Aero-News Quote of the Day "Thales pioneered fly-by-wire technology almost 40 years ago, and we believe that Cessna’s confidence in us as we embark on this exciting next step>[...]

ANN's Daily Aero-Term (11.29.15): Inner Marker

Inner Marker A marker beacon used with an ILS (CAT II) precision approach located between the middle marker and the end of the ILS runway, transmitting a radiation pattern keyed at>[...]

ANN's Daily Aero-Linx (11.29.15)

Aero Linx: Mercy Airlift It is the Mission of Mercy Airlift to provide humanitarian aid on a nondiscriminatory and impartial basis to the victims of natural and man made disasters >[...]

Swedavia Selects Lockheed Martin To Deliver Next Generation Systems

Will Share Data Among 10 Airport Network In Sweden Swedish Airport Operator Swedavia has selected Lockheed Martin to deliver a new generation of multi-airport operational systems t>[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC