29.04.2014 - EU ETS decision leaves airlines playing cameo role
Airlines set to remain on the fringes of the EU ETS until at least 2016, disappointing environmentalists and market observers hoping for better liquidity A decision to exempt most of the global airline industry from the European Union Emissions Trading System (EU ETS) means that aviation is unlikely to play a role in boosting the fortunes of the flagging scheme in the near future, say market participants. Since the EU ETS was launched in 2005, the continentís economic malaise has created an oversupply of European Union Allowances (EUAs), leading to rock-bottom prices...............................................Full Article: Source
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