EU Carbon Tax Exemption Draws US Sen.'s Praise

Law360, New York (March 6, 2014, 2:40 PM EST) -- European Union lawmakers have agreed to temporarily exempt non-EU planes from a carbon tax imposed on flights operating in and out of Europe, landing praise from at least one U.S. senator Wednesday.

The European Parliament, European Council and European Commission reached the provisional agreement in a trialogue meeting Tuesday, which awaits approval from the European Parliament. The following day, U.S. Sen. Claire McCaskill, D-Mo., who successfully introduced legislation in 2012 to shelter U.S. airlines from participating in the EU emissions trading scheme, said she was pleased...
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