The airlines and the EU ETS: by the numbers

Source: efreebackgrounds.com    

The contentious relationship between industry and government is a tale as old as time and a new feud kicked off this week over the EU Emissions Trading Scheme or ETS.  On 1 January 2012, the EU enacted its controversial legislation that requires any airline using EU airports to participate in EU ETS by purchasing carbon allocations to account for emissions.  On Monday 6 February, Chinese air regulators announced that Chinese airlines are prohibited from paying any of the fees associated with the EU ETS.  The Chinese reaction kicked off fears of strained relations between China and the EU that could hurt trade and inhibit crucial Eurozone debt talks. 

No more cheap energy, says Commission

Emmanuel Guerin, Director IDDRI Climate

Bringing together the great and the good from academia, NGOs, policymaking, industry and the media at the French Permanent Representation to the EU, the presentation of the new Climate Strategies/IDDRI report on ‘The Need for a Strengthened Energy and Climate Strategy – for an energy-efficient, competitive and low-carbon Europe’ preceded a lively debate on what is needed to significantly reduce greenhouse gas emissions in the EU.