From India's Leading Business Daily the "BUSINESS STANDARD"

EU unilateralism 27-OCT-11 For an association that is unable to discipline its own members and get them to act on domestic policy issues, the European Union appears quixotic seeking to unilaterally impose a carbon tax on all airlines flying in and out of Europe. The proposal will require all airlines touching EU airports to buy emission reduction permits to offset the carbon dioxide discharged by them in excess of the caps fixed under the EU’s internal emission trading scheme. As could be expected, all the non-EU airlines are up in arms against the move. Non-EU governments are livid since they regard the move to tax the entire flight journey of an aircraft, rather than only its use of EU airspace, totally unacceptable in principle. This view is now supported by global aviation bodies, such as the International Air Transport Association (IATA), the International Air Cargo Association and domestic apex airline organisations of China, the US and some other countries.

India may drag EU to WTO over carbon tax on airlines 20-OCT-11 India may consider dragging European Union to the World Trade Organisation if the 27-nation bloc goes ahead with its contentious plan to impose carbon tax on non-EU airlines, sources said.

Contrails and carbon credits 16-OCT-11 ‘Fuel from steel’ a promising beginning.