Transportation Industry
CLIMATE CHANGE : AIRLINES AND PARLIAMENT NOT ON SAME WAVELENGTH.
Transport Europe, November, 2007
Though it accepts the principle of participation by the air transport sector in the European Emission Trading System (ETS) as a "useful" instrument to manage airplane emissions, the Association of European Airlines (AEA) nonetheless refuses to follow those who, within the European Parliament, "seem to be more interested in penalising European airlines and their passengers than in the environmental benefits such a system might deliver".
For the leaders of this association, gathered for a General Assembly in Madrid on 19 October, the position of the European Parliament would cost the sector some 160 billion over the next ten years, if the European Union acted unilaterally.
A DEVASTATING EFFECT
That would probably result, it believes, in a...
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