EU may impose 17.6 billion yuan carbon tax on China by 2020

Note: This section contains information in English only.
Source: China.org.cn

The EU is planning to introduce carbon emission scheme that will cost about 800 million yuan for China's airlines next year, according to China Air Transport Association. China's airlines are projected to spend about 17.6 billion yuan on the emission scheme by 2020. The US and Russia strongly opposed the carbon scheme citing infringement of sovereignty of the world's carriers; however, the European Court of Justice approved the tax as legal.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.