Monday, August 29, 2011

EU Shaking Down US Airlines

Early this year the European Union passed a requirement that all airlines that land or takeoff from European airports must pay a carbon tax.

Starting Jan. 1, the union intends to expand its emission trading system to cover emissions from most flights that touch down in, or take off from, European airports. That means even foreign airlines will have to buy some of the carbon permits from traders and European governments. (Source: NY Times)

I am not sure which is the saddest about this. That the European Union is still hitching their horses to the global warming bandwagon, or that no one will call bullcrap on this blatant attempt by the EU to get money from US airlines any way they can.

Some of the US-based carriers are pushing back, filing suit in the European Court of Justice.

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