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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

Barbara Lewis
Reuters [1]
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.

Full article here [1]

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[1] Reuters: http://www.reuters.com/article/2011/10/31/uk-airlines-eu-idUSLNE79U03620111031

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