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EU plays down financial impact of carbon tax on airlines
EU Business News ^ | 06 April 2012, 17:00 CET | (Via AFP)

Posted on 04/08/2012 4:16:46 PM PDT by Olog-hai

The EU's climate commissioner played down the impact of the controversial carbon tax being imposed by the bloc on airlines, saying Friday it would cost less than a cup of coffee per passenger.

With the tax, sharply criticized by China and the United States, "a flight from Beijing to Frankfurt for example will cost around an extra two euros per passenger," Climate Commissioner Connie Hedegaard told the French daily Les Echos.

"In other words, an amount less than that of a cup of coffee at the airport," she added.

With the dispute intensifying over the tax, Hedegaard said it was important to keep a sense of proportion. …

The carbon tax imposed on airlines by the European Union came into effect on January 1, but carriers will begin receiving bills only in 2013 after this year's carbon emissions have been assessed.

Hedegaard's cost estimate was considerably lower than previous Commission estimates that it prompt carriers to add between €4 and €24 ($5.25 and $31.50) to the price of a round-trip long-haul flight.

More than two dozen countries, including China, Russia and the United States, have opposed the EU move, saying it violates international law. …

(Excerpt) Read more at eubusiness.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government
KEYWORDS: airlines; carbontax; europeanunion; taxtheworld
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21 posted on 04/08/2012 6:04:01 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93)
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To: Olog-hai

...Climate Commissioner Connie Hedegaard...

Would fit in nicely with Hitler.


22 posted on 04/08/2012 6:45:50 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Olog-hai

It’s only a couple of Euros today ... and merely four euros next week, if you’ll pay two now ... and merely eight euros the week after, if you’ll pay four ....


23 posted on 04/08/2012 7:40:47 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: Olog-hai

Thats nice,,,but i’d rather have the coffee,,


24 posted on 04/08/2012 9:13:25 PM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for officeoffI)
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To: RetiredTexasVet

Bookmark


25 posted on 04/08/2012 9:15:00 PM PDT by Publius6961 (A)
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