Recently, the U.S. set an awful example by blocking the European Union's carbon
charge on aviation fuel which was based on WTO environmental provisions.
The European Union should exert its right to impose carbon
charges on aviation within its own airspace, the European Commission said on Wednesday, a step likely to rile emerging powers China and India and revive trade tensions.
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Charged with a crime?
In particular, its work focused
on a variety of domestic and international fiscal instruments, emphasizing: carbon pricing instruments and
charges on international
aviation and maritime emissions.
That changed
on Thursday, when the International Civil
Aviation Organization (ICAO), the UN agency
charged with coordinating
aviation regulation, including environmental impact, agreed to freeze net
aviation emissions at 2020 levels beginning in 2021, and to force airlines to offset emissions above that threshold.