EU could allow foreign airlines to opt out of ETS
09.02.12
After China banned its airlines from joining the EU Emissions Trading Scheme (ETS), Reuters has revealled that European officials are ‘in serious talks’ with several countries about ‘comparable measures’ which could lead to their exemption from the scheme.
British Airways, Qantas and other airlines are calling on the EU to find a swift resolution to a political dispute over the carbon trading scheme, because the deadlock may create competitive distortions, with some airlines paying millions of euros for their annual carbon costs and others not. The call comes as a group of 26 countries including Russia, India, China and the United States are set to meet in Moscow on February 21 to discuss a plan of action on the scheme.
As pressure for a political solution increases in the face of a trade war, Philip Good of the EU Commission's climate action said the EU is ‘in serious talks’ with several countries about ‘comparable measures’ that could lead to exemption. He said that EU law allows for equivalent measures to be taken into account, which could include a domestic cap-and-trade scheme, a carbon tax or other policy to tackle aviation emissions.
For more information on this airport news story visit: http://www.reuters.com/article/2012/02/08/uk-carbon-aviation-idUSLNE81702W20120208
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