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Environmental groups claim EC emissions trading will lead to 'windfall' profits

Two environmental advocacy groups yesterday claimed airlines could earn up to €3.5-€4 billion ($4.6-$5.2 billion) annually by being included in the European Emissions Trading Scheme, a conclusion that directly contradicts IATA's contention that carriers would lose €2.9 billion in the first year (ATWOnline, Dec. 14).

Two environmental advocacy groups yesterday claimed airlines could earn up to €3.5-€4 billion ($4.6-$5.2 billion) annually by being included in the European Emissions Trading Scheme, a conclusion that directly contradicts IATA's contention that carriers would lose €2.9 billion in the first year (ATWOnline, Dec. 14). The UK-based Institute for Public Policy Research and the World Wildlife Fund each pushed for airlines to be included in the EU climate policy expected to be ...

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