China's largest airlines escape carbon tax of the EU

Note: This section contains information in English only.
Source: BBC

China's largest carriers will not pay the EU carbon tax aimed at reducing carbon emissions as China's Air Transport Association refused to cooperate with the EU Emissions Trading Scheme, said one official. The new carbon tax that was severely criticized by the US, Canada, India and China came in force on January 1.

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Thu, 05 Jan 2012 16:19:36 GMT

Crude oil sinks under $103 a barrel

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Thu, 05 Jan 2012 16:18:35 GMT

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