The Daily Sheeple Editor’s Note: While not exactly fans of the Chinese Communist regime, we applaud them for their efforts in helping to curb the spread of carbon credit exchanges, such as those in which former Vice President Al Gore has invested with the likes of executives from investment firms that include Goldman Sachs. At least some governments, however oppressive they may be, are standing up to the sham that somehow taxation on carbon emissions will reverse warming of the earth when scientists have recently indicated that temperatures are actually cooling off, and that any warming we may have experienced may be the result of solar activity, and not necessarily the impact of humans.
BEIJING — China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.
The charges are aimed at curbing emissions of climate-changing gases but governments including China, the United States and Russia oppose them. The ratings agency Fitch warned in December the conflict could spiral into a global trade dispute.
The Chinese air regulator said China’s carriers are barred from paying the charges or other fees without government permission, the official Xinhua News Agency reported. It said Beijing will consider unspecified measures in response to protect Chinese companies.
There was no indication there would be any immediate impact on flights between China and Europe or penalties for Chinese airlines. The charges took effect in January but money will not be collected until next year.
The dispute highlights Beijing’s complicated status in global climate efforts.
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