In the Headlines
August 8, 2012
How Airlines are Fighting Carbon Trading
GreenBiz
After losing a court case in 2011, U.S. airlines are working on another way around joining the European Union’s carbon trading scheme: domestic legislation that would prohibit them from participating. It would legally prohibit U.S. airlines from participating in the EU’s emissions trading system (ETS), thereby weakening the EU’s push to regulate aviation-related carbon emissions, and potentially dragging the issue back into court should U.S. airlines refuse to pay fines incurred for flouting the ETS requirements.
“The ETS has provoked a great deal of controversy because of its sweeping extraterritorial impact,” said Co-Chair of the Aviation Team Anita Mosner.