China, EU Continue Playing 'Chicken' Over ETS
As January 1 comes into view, neither side in the stand-off over
a controversial new European carbon tax shows any sign of backing
down. Europe's new Emissions Trading System, or ETS, would charge
flights arriving in the EU's jurisdiction a fee for their carbon
dioxide emissions, even for portions of the flights outside Europe.
The US, China and two dozen other nations say that violates a 1944
treaty which gives all nations exclusive authority over their
domestic airspace.