China opposes EU carbon emission tax
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China opposes EU carbon emission tax

Last Updated: Thursday, November 22, 2012, 23:26
 
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China opposes EU carbon emission tax
Beijing: China has opposed the European Union's emissions trading scheme, which seeks to tax non-EU international airlines for carbon emissions.

However, it clarified that Beijing is willing to seek a solution to the carbon emission issue through multilateral mechanisms, the China Daily reported Thursday.

The ETS goes against international conventions and rules, and is thus opposed by most non-EU countries, Xie Zhenhua, deputy head of the national development and reform commission, said at a press conference here Wednesday.

The ETS system requires all airlines flying in EU airspace to pay a tax on 15 percent of their total carbon emissions for 2012, a move that has triggered global opposition.
IANS



First Published: Thursday, November 22, 2012, 23:26


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