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A man cycles as an airliner flies over head into Hongqiao International airport in Shanghai. Chinese airlines will not pay a charge on carbon emissions imposed by the <a class="taxInlineTagLink" id="ORGOV000067" title="European Union" href="/topic/economy-business-finance/economy/european-union-ORGOV000067.topic">European Union</a> from January 1, a national aviation industry group said as the cap-and-trade scheme, which has angered the US and Chinese governments and airlines worldwide, came into force after the EU's highest court rejected a challenge brought by US carriers last month.
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( Getty Images / January 5, 2012 )

A man cycles as an airliner flies over head into Hongqiao International airport in Shanghai. Chinese airlines will not pay a charge on carbon emissions imposed by the European Union from January 1, a national aviation industry group said as the cap-and-trade scheme, which has angered the US and Chinese governments and airlines worldwide, came into force after the EU's highest court rejected a challenge brought by US carriers last month.

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