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UK to give airlines 26.4 mln free CO2 permits for 2013-2016

Posted on 28 August 2014

Britain will hand its airlines 6.6 million free carbon allowances a year to help reduce the cost of meeting their obligations under Europe’s Emissions Trading Scheme (ETS) from 2013-2016, the government said on Wednesday.
The European Union’s ETS caps the emissions of over 12,000 power plants, factories and airlines, requiring them to surrender one carbon permit for every tonne of CO2 emitted annually by April of the following year………………………………………..Full Article: Source


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