08 Aug '12, 12pm

How airlines are fighting carbon trading

How airlines are fighting carbon trading

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. The Thune bill will come up for a vote in the Senate later this year (likely in September), and a similar measure has already passed the House. Despite protests from environmental groups, the legislation has broad bi-partisan support. 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,” says Anita Mosner, an aviation...

Full article: http://www.greenbiz.com/news/2012/08/08/how-airlines-figh...

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