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Commodities Briefing - Categorized | Environmental Trading, Regulatory more

House votes to keep US airlines out of EU emissions control plan

Posted on 25 October 2011

The House voted Monday to exclude U.S. airlines from an emissions cap-and-trade program that the European Union plans to impose on all airlines flying to and from the continent beginning next year.

With the legislation, which passed by voice vote, lawmakers joined the airline industry and the Obama administration in opposing the EU Emissions Trading Scheme scheduled to go into effect on Jan. 1. The bill now goes to the Senate, where there is currently no companion legislation………………………………………Full Article: Source


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