Tuesday 24 December 2024
 
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Carbon Tax

EU carbon tax penalises Gulf airlines: expert

Leading aviation expert Georges Hannouche has strongly opposed the “unilateral” imposition of the new carbon tax- Emissions Trading Scheme (ETS) by the European Union on flights into and out of Europe. He said that it was no

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Airbus signs up against EU aviation carbon tax

Global planemaker Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for plane deals and even Europe's crippling sovereign debt crisis.

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EU carbon tax may cost Emirates $1bn over 10 years

Emirates, Dubai's flagship carrier, said the European Union's planned carbon emission scheme may cost it as much as $1 billion over 10 years, as it joined others airlines in objecting to the tax. From January, airlines flying to or from Eu

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Australia unveils major plan to cut carbon

Australia unveiled plans on Sunday to slap a carbon tax of A$23 a tonne on its 500 worst polluters from 2012, sweetened by tax cuts for voters fearing higher power bills, and paved the way to adopt the largest emissions-trading scheme outside Euro

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