ICAO has insisted the European Union Emissions Trading Scheme (EU ETS) is a regional issue despite being given a mandate to come up with a global approach to paying for aviation emissions. EU ETS is a market-based measure, designed to financially reward airlines with the best green credentials and penalize polluters. However, the scheme has stirred up major international tension because critics say Europe is using the ETS to charge for emissions beyond its jurisdiction (ATW Daily News, ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.