India to urge airlines to opt out of EU carbon scheme
Source: Reuters
Exclusive: India to urge airlines to opt out of EU carbon scheme
By Anurag Kotoky
NEW DELHI | Tue Mar 20, 2012 8:09am EDT
(Reuters) - India will urge its airlines not to take part in the European Union Emissions Trading Scheme (ETS), a senior official said, the latest salvo in an escalating row over an EU law requiring all flights in and out of Europe to pay for their emissions.
China in February said its airlines were barred from participating in the scheme unless they get government approval to do so. Beijing has also suspended the purchase of $14 billion worth of planes for Europe's Airbus due to the dispute.
India does not yet plan to ask airlines to cancel Airbus purchases, but that is a possibility if the dispute escalates, the Indian official said.
The official, with direct knowledge of talks between the EU and other countries on the issue, told Reuters that India would soon ask local airlines not to share emissions data with the bloc or buy any carbon credits.
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Read more: http://www.reuters.com/article/2012/03/20/us-india-eu-emission-idUSBRE82J0D320120320