GREEN GROUP CLAIMS AIR INDUSTRY MAKES HAY OVER CARBON LAW DELAY
January 1st, 2013
THE EUROPEAN Commission’s decision to shelve its controversial expansion of emissions trading to the air industry has given the commercial aviation sector in Europe windfall profits of Euro EUR486 million, a green group has claimed. Transport & Environment noted the November decision was made 11 months after the system had been introduced. And while airfares had been increased to pay for carbon permits, the fees had not been handed over to regulators – something that may now not happen. “The ‘stopping of the clock’ proposal [to shelve aviation ...
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