EU Airline Carbon Tax Friction Is Hint Of New Climate Politics
LONDON, March 20 (Reuters) - Threats of retaliation by China and India against a European Union plan to charge airlines for their carbon emissions is misplaced, given their weak legal case and a drift towards more such unilateral climate action. Countries in Durban at the end of last year topped off years of lumbering U.N. talks by agreeing that a new climate protocol should come into force by 2020, with more vagueness about exactly what that should be, leaving a vacuum in national action in the meantime. That slow rate of progress underscores how multilateral climate action has faded over the past decade.
20 Mar 2012 14:10
Swiss-based carbon offset seller myclimate has signed a $2.5 million deal to buy U.N.-backed carbon…