The European Union’s Emissions Trading Scheme (EU ETS) tax was widely condemned during the FAA’s Aviation Forecast Conference in Washington in March, with the US Department of Transportation chief labeling it as bad law. The approach to ETS implementation “was totally wrong,” US Transportation Secretary Ray LaHood said in his opening remarks at the conference. “The law is bad, and it doesn’t help our relationships with the EU. What I say is, sit at a ...

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