EU reaches landmark deal to cap airline emissions


ENN, June 27, 2008

BRUSSELS: The European Union reached a landmark agreement Thursday to cap emissions from aircraft, raising the stakes in an increasingly ferocious battle with the United States over how to regulate global greenhouse gases.
In the first requirement of its kind, all airlines arriving or leaving from airports located in the EU would be obliged to buy some pollutin credits beginning in 2012, joining other industrial polluters that trade in the European emissions market. That includes non-European carriers like American Airlines and Singapore Airlines. Read more...

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