The European Union is planning to tax all airlines that travel to and from the 27 EU nations based on the amount of carbon emissions they produce.  The tax, to be collected beginning in 2013 for prior year emissions, will be calculated based on the length of each flight. The farther the airlines travel, the heftier the tax.

The European Union (EU) has announced plans to levy a tax on airline emissions for all planes landing and taking off from EU airports. This tax would be calculated not only based on mileage flown in EU airspace but also for the entire length of the flight (thus, Chinese and Japanese airlines would be taxed for an entire journey from Beijing or Tokyo).

This paper measures the incidence of a carbon tax on gasoline using current income and two measures oflifetime income to rank households.

The European Union-or at least its feisty climate commissioner Connie Hedegaard-seems determined to take on the whole world by demanding that all airlines pay a carbon tribute for the privilege of crossing EU airspace and landing at EU airports.  

The chances of seeing a properly valued, revenue-neutral carbon tax are about as likely as the chances of seeing a unicorn-powered spaceship. The idea would cause nothing but misery. Here are a few reasons why:

When economies are already laboring under too much spending, and are at diminishing-return levels of taxation, implementing a carbon tax would be a mistake.

This panel will explore potential positive and negative economic and environmental impacts from a national carbon tax in the post-cap-and-trade policy environment.