AGL 40.01 Decreased By ▼ -0.02 (-0.05%)
AIRLINK 128.00 Increased By ▲ 0.30 (0.23%)
BOP 6.68 Increased By ▲ 0.07 (1.06%)
CNERGY 4.48 Decreased By ▼ -0.12 (-2.61%)
DCL 8.95 Increased By ▲ 0.16 (1.82%)
DFML 41.56 Decreased By ▼ -0.02 (-0.05%)
DGKC 87.80 Increased By ▲ 2.01 (2.34%)
FCCL 32.80 Increased By ▲ 0.31 (0.95%)
FFBL 64.45 Increased By ▲ 0.42 (0.66%)
FFL 11.39 Increased By ▲ 0.84 (7.96%)
HUBC 111.38 Increased By ▲ 0.61 (0.55%)
HUMNL 14.76 Decreased By ▼ -0.31 (-2.06%)
KEL 5.03 Increased By ▲ 0.15 (3.07%)
KOSM 7.32 Decreased By ▼ -0.13 (-1.74%)
MLCF 41.05 Increased By ▲ 0.53 (1.31%)
NBP 61.44 Increased By ▲ 0.39 (0.64%)
OGDC 194.90 Increased By ▲ 0.03 (0.02%)
PAEL 27.50 Decreased By ▼ -0.01 (-0.04%)
PIBTL 7.77 Decreased By ▼ -0.04 (-0.51%)
PPL 153.00 Increased By ▲ 0.47 (0.31%)
PRL 26.61 Increased By ▲ 0.03 (0.11%)
PTC 16.15 Decreased By ▼ -0.11 (-0.68%)
SEARL 84.23 Increased By ▲ 0.09 (0.11%)
TELE 7.95 Decreased By ▼ -0.01 (-0.13%)
TOMCL 36.76 Increased By ▲ 0.16 (0.44%)
TPLP 8.82 Increased By ▲ 0.16 (1.85%)
TREET 17.09 Decreased By ▼ -0.57 (-3.23%)
TRG 57.40 Decreased By ▼ -1.22 (-2.08%)
UNITY 26.70 Decreased By ▼ -0.16 (-0.6%)
WTL 1.33 Decreased By ▼ -0.05 (-3.62%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,691 Increased By 499.3 (0.53%)
KSE30 29,421 Increased By 219.8 (0.75%)

EU officials said Sunday they will negotiate with international partners angry at what they see as a climate tax on airlines, but refused to change hotly disputed legislation despite fears in Germany.
"We have always been open to continuing discussions on the possibility of equivalent measures" outside Europe, Isaac Valero, spokesman for European Union climate action commissioner Connie Hedegaard, told AFP. "This way we hope to reach a global agreement," he said, referring to a longstanding failure to bring industrialised and emerging powers onto the same page over environmental objectives for big industry.
"But awaiting this global agreement, we are not going to change our legislation," he underlined. Hedegaard has insisted that equivalent measures by other countries would lead to like-for-like exemptions from the annual tax bill. The charges imposed on airlines taking off or landing in Europe entered into force on January 1, designed to help the EU achieve its goal of cutting emissions by 20 percent by 2020. Airlines backed by overseas governments have challenged the scheme's legality in court, but for the first time Germany has expressed concerns mainly over Chinese threats that it could cancel orders for EU-built Airbus planes.
The growing tensions, with airlines having long warned of an inevitable protectionist backlash from Asia and the Americas in particular, will be debated when EU environment ministers meet on Friday in Brussels.
The German government urged the European Commission on Friday to negotiate with countries opposed to the EU's airlines carbon emissions fee to "de-escalate" opposition and avoid trade disputes.

Copyright Agence France-Presse, 2012

Comments

Comments are closed.