- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
Airlines rally against EU carbon tax
Question of the Day
PARIS | Airbus and six European airlines have written to four EU leaders attacking the carbon tax imposed by the European Union, a source close to the dossier told AFP on Sunday.
Plane maker Airbus, British Airways, Virgin Atlantic, Lufthansa, Air France, Air Berlin and Iberia have written to the leaders of Britain, France, Germany and Spain to warn them about its economic consequences, the source said.
They argue the tax could cost them billions of dollars in lost orders and lead to the loss of the thousands of jobs.
French aerospace and defense group Safran and Germany’s MTU also put their names to the letters, to British Prime Minister David Cameron, French Prime Minister Francois Fillon, German Chancellor Angela Merkel and Spanish Prime Minister Mariano Rajoy. All four countries helped found Airbus.
“We question the unilateral nature of this measure,” said the source, adding that they wanted talks with all those affected, within the International Civil Aviation Organization (ICAO).
Their initiative was first revealed late Sunday in the Financial Times.
It comes after the head of the Airbus parent company EADS said Thursday that China had blocked purchases of Airbus planes by Chinese companies in reaction to the disputed tax.
Airbus was being subjected to retaliation measures, EADS chief executive Louis Gallois told reporters.
According to a report on the website of the French economic daily Les Echos, China’s decision to freeze Airbus orders could cost the European aircraft company up to $12 billion.
In the letter to Mr. Fillon, Airbus chief Tom Enders warned that the tax threatened more than a thousand jobs at the heart of the business and a thousand more in industries supplying Airbus, Les Echos reported.
On Tuesday, the head of the International Air Transport Association (IATA) warned that the EU tax could provoke trade wars.
On Friday however, Denmark’s Climate Minister Martin Lidegaard said the EU would maintain the tax on airlines operating in its airspace so long as an international solution had not been found. Denmark currently holds the EU’s rotating presidency.
The carbon tax imposed on airlines by the European Union came into effect on Jan. 1, but carriers will begin receiving bills only in 2013 after this year’s carbon emissions have been assessed.
More than two dozen countries, including China, Russia and the United States, have opposed the EU move, saying it violates international law.
© Copyright 2013 The Washington Times, LLC. Click here for reprint permission.
- Bill OReilly reminds: Nelson Mandela was a communist
- 'Hunger Games' delivers Obama's message on income inequality
- Spike in battlefield deaths linked to restrictive rules of engagement
- Colorado judge: Bakery owner discriminated against gay couple
- Kill team: Obama war chiefs widen drone death zones
- Rush Limbaugh: Obama trying to make Mandela death about himself
- Obama administration issues permits for wind farms to kill more eagles
- Inside China: Nuclear submarines capable of widespread attack on U.S.
- Obamas call to close Vatican embassy is 'slap in the face' to Roman Catholics
- MILLER: Obamacare enrollees include 101 members of the House of Representatives
Independent voices from the The Washington Times Communities
The Constitution: Every issue, every time. No exceptions, no excuses. And how to get from here to there.
Why can’t humans just be free to be humans?
Get in the middle of all the action inside and outside the boxing ring.
Find the latest news and happening that effect those in the Washington D.C., Northern Virginia and Maryland Metro region.
White House pets gone wild!