The European Union has expressed its willingness to limit its proposed tax on airline carbon emissions if the other countries – including the United States, China and India – that oppose the move apply a similar tax by 2016, according to media reports.
The EU’s original proposals required all airlines flying in EU airspace to buy pollution credits to cover 15 percent of their CO2 Emissions for the entire flight.
The move was strongly opposed by nearly all members of the International Civil Aviation Organisation (ICAO), the body which sets global aviation standards. The tax was put on hold in March this year until April 2014 as talks over the issue continued at the ICAO.
The EU has now proposed a tax only on the part of the flight flown in European airspace if other countries also impose a similar tax on CO2 emissions.