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Airlines ready for next battle against EU carbon law
Posted By admin On November 1, 2011 @ 8:56 am In Money Watch | Comments Disabled
November 1, 2011
Twenty-six nations are expected to lodge a formal protest on Wednesday against a European Union law to make airlines pay for carbon emissions — adding to transatlantic tension on an issue that has triggered a tit-for-tat bill in the U.S. Congress.
Under EU legislation, from January 1 all flights to or from Europe will have to buy carbon permits to help offset their emissions under the EU Emissions Trading Scheme (EU-ETS) — the 27 member bloc’s prime tool for trying to curb the amount of carbon in the atmosphere.
Last week, in the U.S. Congress, where environmental issues have become a flashpoint between Republicans and President Barack Obama’s Democrats, the lower house passed a bill making it illegal for airlines to comply with the EU’s law.
On Wednesday this week, a council meeting of the International Civil Aviation Organization ICAO.L in Montreal, Canada is also expected to take up the airlines’ cause.
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URL to article: http://www.prisonplanet.com/airlines-ready-for-next-battle-against-eu-carbon-law.html
URLs in this post:
 Reuters: http://www.reuters.com/article/2011/10/31/uk-airlines-eu-idUSLNE79U03620111031
 Senate votes to shield U.S. airlines from EU’s carbon scheme: http://www.prisonplanet.com/senate-votes-to-shield-u-s-airlines-from-eus-carbon-scheme.html
 As European Carbon Tax on Airlines Takes Off, Higher Air Fares Loom: http://www.prisonplanet.com/as-european-carbon-tax-on-airlines-takes-off-higher-air-fares-loom.html
 China Bans Airlines From Paying EU Carbon Charge: http://www.prisonplanet.com/china-bans-airlines-from-paying-eu-carbon-charge.html
 EU Courts Force Airlines into Carbon Trading Market: http://www.prisonplanet.com/eu-courts-force-airlines-into-carbon-trading-market.html
 Obama Doesn’t Rule Out Bypassing Congress and Using EPA Regulations to Cap Carbon Emissions: http://www.prisonplanet.com/obama-doesn%e2%80%99t-rule-out-bypassing-congress-and-using-epa-regulations-to-cap-carbon-emissions.html
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