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China rejects ETS

06 February 2012

Chinese airlines banned from paying the EU's emissions trading scheme(ETS) charge

Read more: China ETS ban

The Civil Aviation Administration of China (CAAC) has announced that Chinese airlines will not pay charges incurred under the EU's ETS without Chinese government permission...


Quote

"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards


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