Airlines are struggling to find their way through the regulations governing the Emissions Trading Scheme. First of a two-part series.
PARTICIPATING IN A TRADING SCHEME to offset the potentially damaging impact of carbon emissions caused by air travel is a noble ambition. Transposing this ideal into reality, however, is proving to be as contentious and difficult as airlines warned it would be back in September 2005 when the European Commission set out its first proposals to bring aviation into the existing Emissions Trading Scheme for stationary sectors. The preparatory phase has been neither swift nor sure, causing some ...
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