Chinese bars its airlines from paying EU carbon tax

The Chinese government on Monday announced it has prohibited state-owned airlines from paying EU-imposed charges on carbon emissions.

The move by the Civil Aviation Administration of China, which is the globe’s fastest growing aviation market, is said to trigger a dispute about the cost of combating climate change.

Fitch warned in December that this clash could also spiral into a possible global trade war.

But, China could have abnormally strong leverage in a potential dispute as its airlines carry vast quantities of Chinese and Asian tourists to Europe and back, which would mean any disruption could hurt the EU’s travel industry.

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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