It was too long coming and it burdens European carriers with carbon taxes while their rivals get a reprieve, but the European Commission’s decision to suspend the European Union Emissions Trading Scheme (EU ETS) for a year is without question a welcome move.
It was too long coming and it burdens European carriers with carbon taxes while their rivals get a reprieve, but the European Commission’s decision to suspend the European Union Emissions Trading Scheme (EU ETS) for a year is without question a welcome move (see article, page 54, December 2012 ATW). After so much political grandstanding, EU Commissioner for Climate Action Connie Hedegaard made the right decision to “stop the clock,” as she put it, and give ICAO the ...
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