Taxes on aviation, financial transactions and CO2 emission permits are all possibilities, he told the daily Financial Times Deutschland.
He could also direct OFAC to rescind licenses for certain activities involving Iran (such as commercial aviation-related transactions) issued under the Obama administration.
Pompeo insisted that there were appropriate exemptions in US sanctions for humanitarian transactions and aviation safety.
Despite the recession, there are many innovative proposals on the table which you could adopt: a tax on shipping and aviation fuels, a financial transaction tax, and the elimination of fossil fuel subsidies to name a few.
President Nicolas Sarkozy and Prime Minister Gordon Brown have committed to working together on these innovative mechanisms, particularly revenues from regulating international aviation and shipping and the global financial transactions taxes.
As well as the familiar techniques of unfunded pledges and redirecting existing aid flows, gimmicks have been proposed, such as a "Tobin tax" on international financial transactions (unworkable) and a tax on aviation fuel or air tickets (which could work, and can be justified on environmental grounds, but has no link to poverty).
They'll be considering all options, including a so-called Robin Hood tax on international financial transactions and a levy on global aviation and shipping.
In an era of fiscal austerity, that money will need to come from new sources — financial transaction taxes, levies on shipping and aviation, redirection of fossil-fuel subsidies or use of Special Drawing Rights from the International Monetary Fund.
Just like the first man to break the sound barrier in aviation, Mr. Falus is trying to push the envelope of real estate transactions by helping develop a system for doing the often-complex deals over the Internet.
Julius Maldutis, global aviation analyst at CIBC World Markets, said that in the wake of the transaction, "AMR, Continental Airlines and Northwest will have to make some strategic moves".
"The transaction will not substantially reduce or eliminate competition," Susan Kurland, assistant secretary for aviation and international affairs, wrote in an order.
