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Green Business News Headlines

China denounces EU airline carbon law, seeks talks

China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

Vestas chairman sidesteps CEO confidence question

The chairman of wind turbine maker Vestas sidestepped questions about the future of its chief executive on Wednesday after the company's second profit warning in three months and ahead of a reorganization plan due to be revealed next week.

Ascent Solar says China's TFG Radiant doubles stake

Ascent Solar Technologies Inc said it will sell an additional 21 percent stake to TFG Radiant Group, in a move that will double the Chinese group's ownership in the U.S. photovoltaic cell maker to 41 percent.

China airlines won't pay EU carbon tax: industry body

China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.

China airlines will not pay EU emissions tax: industry body

The China Air Transport Association, which represents the country's four major airlines including flag-carrier Air China Ltd, said on Wednesday that Chinese airlines would not pay any charges under the European Union's Emissions Trading Scheme (ETS).

Vestas to review U.S. operations if PTC expires: CEO

Danish wind turbine maker Vestas will review its manufacturing in the United States in the fourth quarter if the U.S. production tax credit (PTC) is not extended, the group's chief executive said on Wednesday.