07 Jan '12, 5pm

Corporate Responsibility and Sustainability News: U.S. weighs retaliation over Europe carbon tax

Corporate Responsibility and Sustainability News: U.S. weighs retaliation over Europe carbon tax

RELATED ARTICLES Airlines Will Be First U.S. Industry to Confront Cap and Trade August 13, 2009 09:22 AM Who pays the EU airline carbon tax? Not Chinese airlines! January 5, 2012 06:36 AM U.S. may soften to EU plane CO2 curbs: lawmaker May 7, 2008 06:49 AM Air Tax October 7, 2011 08:01 AM /business/article/43817 The Obama administration is laying the groundwork for possible retaliation in response to a European law requiring airlines to pay for carbon emissions. ADVERTISEMENT Discussions between key agencies have ramped up recently, although there is no consensus yet on what, if anything, the U.S. government should do unilaterally or in concert with other nations also upset with the law. The EU law went into effect on January 1 and requires global airlines to pay for carbon emissions on flights to and from Europe. Several experts said one option the United States could pur...

Full article: http://www.enn.com/business/article/43817

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