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China opposes EU carbon emission tax

China,Business/Economy,Diplomacy,Environment/Wildlife, Thu, 22 Nov 2012 IANS

Beijing, Nov 22 (IANS) 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.


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