Europe's emissions tax will hurt economy, plane-maker warns

03/12/2012 | Reuters · Wall Street Journal, The

With China's airlines leading the pack of countries opposed to the new emission tax for flights into and out of Europe, the European plane-making industry could face economic retaliation. Airbus has issued a letter, noting that jobs are at risk because of canceled plane orders. "[T]hese threats are now real and being translated into concrete action," noted the letter to the European Union.

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Reuters · Wall Street Journal, The

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