China
From Chinese Media
EU carbon tax to hike air travel costs
Updated: 2011-04-02 14:21
By Song Jingli (chinadaily.com.cn)
Once a new European Union (EU) carbon tax is levied on Chinese airlines, 743 million yuan will be added to the costs of flights from China to Europe and likely mean a fare increase of 300 yuan for each economy flight passenger, the Shanghai Morning Post reported.
The China Air Transport Association, China Eastern Airlines, China Southern Airlines and Air China are preparing to challenge the EU in court over the new carbon tax, the newspaper reported.
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