AGL 38.80 Decreased By ▼ -0.78 (-1.97%)
AIRLINK 129.62 Decreased By ▼ -1.60 (-1.22%)
BOP 7.15 Increased By ▲ 0.34 (4.99%)
CNERGY 4.63 Decreased By ▼ -0.08 (-1.7%)
DCL 8.45 Increased By ▲ 0.01 (0.12%)
DFML 41.00 Decreased By ▼ -0.47 (-1.13%)
DGKC 81.60 Decreased By ▼ -0.49 (-0.6%)
FCCL 32.75 Decreased By ▼ -0.35 (-1.06%)
FFBL 72.33 Decreased By ▼ -0.54 (-0.74%)
FFL 12.35 Increased By ▲ 0.09 (0.73%)
HUBC 109.84 Decreased By ▼ -0.90 (-0.81%)
HUMNL 14.10 Decreased By ▼ -0.41 (-2.83%)
KEL 5.08 Decreased By ▼ -0.11 (-2.12%)
KOSM 7.63 Increased By ▲ 0.02 (0.26%)
MLCF 38.40 Decreased By ▼ -0.50 (-1.29%)
NBP 69.85 Increased By ▲ 5.84 (9.12%)
OGDC 189.20 Decreased By ▼ -3.62 (-1.88%)
PAEL 25.50 Decreased By ▼ -0.18 (-0.7%)
PIBTL 7.45 Increased By ▲ 0.11 (1.5%)
PPL 149.99 Decreased By ▼ -4.08 (-2.65%)
PRL 25.40 Decreased By ▼ -0.43 (-1.66%)
PTC 17.34 Decreased By ▼ -0.47 (-2.64%)
SEARL 81.06 Decreased By ▼ -1.24 (-1.51%)
TELE 7.60 Decreased By ▼ -0.16 (-2.06%)
TOMCL 33.09 Decreased By ▼ -0.37 (-1.11%)
TPLP 8.33 Decreased By ▼ -0.16 (-1.88%)
TREET 17.04 Increased By ▲ 0.42 (2.53%)
TRG 57.64 Increased By ▲ 0.24 (0.42%)
UNITY 28.14 Increased By ▲ 0.63 (2.29%)
WTL 1.35 Decreased By ▼ -0.02 (-1.46%)
BR100 10,551 Increased By 46.5 (0.44%)
BR30 31,013 Decreased By -213.3 (-0.68%)
KSE100 98,527 Increased By 447 (0.46%)
KSE30 30,719 Increased By 160 (0.52%)

Eight Chinese and two Indian airlines face fines of up to several million euros for not paying for their greenhouse gas emissions during flights within the bloc, the European Commission said on Friday. It said member states could fine the firms, among them Chinese flag carrier Air China, under the terms of the EU's Emissions Trading System which is designed to cut the carbon dioxide pollution blamed for global warming.
In a highly controversial move last year, the EU added airlines to the ETS regime, sparking howls of protest from the United States and China which said the move breached international law. Beijing even went so far as to threaten retaliation against the EU, its biggest single export market, adding to a growing list of trade disputes souring ties.

Copyright Agence France-Presse, 2013

Comments

Comments are closed.