EU-ETS SCHEME PROMPTS US AND CHINESE OPPOSITION

BY MARK GODFREY and MJ DESCHAMPS THE EXTENSION of the European Union's (EU) emission trading scheme to the civil aviation sector might have been welcomed by environmentalists, but it has upset politicians and industry leaders abroad notably in the United States and China. In America, the move is seen as interfering with US sovereignty, in that it forces American airlines to participate in a foreign regulatory scheme. A new bill passed by the US House of Representatives would ban all US airlines from taking part in the European Union's Emissions Trading Scheme ...


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