The EU’s Emissions Trading Scheme comes closer to reality each day, assuming it can withstand legal and political challenges.
Resistance to the EU’s unilateral decision to extend the mandates of its aviation Emissions Trading Scheme to virtually all airlines flying into the Community is as extensive as the worldwide reach of the scheme itself. According to IATA, at least 120 countries formally recorded their opposition to the cap-and-trade scheme at the ICAO General Assembly in October 2010, the same meeting at which ICAO’s 190 contracting states agreed to strive for carbon-neutral growth from 2020 ...
Subscribe to Access this Entire Article
"Trading Places" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.