China has banned its airlines from taking part in Europe's Emissions Trading System (ETS), which forces all airlines flying in and out of Europe from 1 January this year to buy pollution permits.
On Monday (6 February) Beijing flat-out refused to pay and warned that the CO2-reduction scheme could lead to a "trade war."
"The Civil Aviation Administration of China (Caac) recently issued a directive to Chinese airlines that without the approval of relevant government departments, all...
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