India protests EU’s carbon tax on aviation news
shrieking and complaining. India’s minster for environment lodged a formal complaint
with the EU last week over the proposed tax, dubbing it an ”unfair” trade practice.
with Chinese and American airlines will help Europe rake in $10 billion a year.
India said it would approach the WTO if it isn’t withdrawn.
New Delhi: Much after China raised a hue and cry over the imposition of a European
Union tax on the aviation sector under its Emission Trade Scheme, India has now
awakened from slumber and come out shrieking and complaining. Indian minster for
environment Jayanti Natarajan lodged a formal complaint with the EU last week
over the proposed tax, dubbing it an ”unfair” trade practice.
cost an additional €6 (Rs380), thanks to the carbon tax levied by the European
Union (EU) on the aviation sector. Industry experts estimate the tax will cost
India atleast $1 billion (Rs4,500 crore) a year and along with Chinese and American
airlines will help Europe rake in $10 billion a year.
to adversely hit businesses of emerging economies such as India and Chin We
will have no option other than to approach the World Trade Organisation (WTO)
if it isn’t withdrawn,” a senior government functionary said.
consensus emerged on the issue at the United Nations Framework Convention on Climate
Change (UNFCCC), a body of 194 nations.
maintain annual carbon emissions within 10,000 tonnes a year. The decision was
taken after the EU found in February that the aviation sector was spewing 20 per
cent more carbon dioxide into the environment than previously known.
US and China.
called by the cabinet secretary on Friday, where officials from the ministries
of civil aviation, commerce and environment participated. Apparently it was decided
to seek legal opinion on ways and means to approach the WTO.
up paying rich nations.
BASIC countries – comprising India, China, Brazil and South Africa – in August
to garner support against the move.