The EU is moving to set a tax on carbon emissions. According to USA Today , “The European Union's Emissions Trading Scheme sets a cap on carbon emissions and then charges airlines for flights to or from the continent. The industry group Airlines for America estimates the program could cost U.S. carriers $3 billion over the next decade. U.S. airlines have opposed the system as an unfair tax on flights outside Europe, and China and India have refused to participate in the program.” The idea of the EU imposing taxes on American travelers also has at least one member of Congress concerned. Senator John Thune (R-S.D.) introduced a bill in 2011 to “to prevent the European Union (E.U.) from adding a tax on flights traveling through U.S. airspace.” Senator Thune's office calculated that this EU-imposed emissions tax will cost U.S. air travelers and carriers a whopping $3.1 billion dollars between 2012 and 2020.
Bernie Sanders Champions YUGE Profits for U.S. Corporations (But Only in Cahoots with Communists) | Humberto Fontova