Let the games begin…
China has warned the European Union to abandon its controversial carbon tax on airlines or risk provoking a global trade war.
Adding weight to the warning, an industry insider told the Financial Times that the Chinese government was seriously considering measures to hit back at the EU if it insists on charging international airlines for their carbon emissions.
Does the EU, as with the Australian Gillard government, truly want to save the planet?
Or does it just need more money?