皇冠体育app

Economy

EU warned about carbon cap

(Cntv.cn)
Updated: 2011-05-12 16:49
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The 皇冠体育app Air Transport Association says the EU should cancel or suspend a carbon cap system on airlines. Otherwise, it will strongly suggest for the Chinese government to carry out stricter limits on EU airlines when they depart or land at Chinese airports.

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The association, representing 33 Chinese airlines, sent a recent delegation to Brussels to negotiate with the European Climate Commission about its move to include global airlines into the Emission Trading System from next year. Under the scheme, all flights departing or landing at EU airports will start emissions trading, which is expected to cost Chinese airlines an estimated $2.7 billion.

The CEO of Germany's Lufthansa says the EU should give up or delay the system, as European airlines will be charged twice if the Chinese government decides to include EU airlines into the Chinese Emission Trading System.