European Union Approves Carbon Trading For Airlines | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.17.24

Airborne-NextGen-06.18.24

Airborne-Unlimited-06.12.24 Airborne-FltTraining-06.13.24

Airborne-Unlimited-06.14.24

Sun, Jun 10, 2007

European Union Approves Carbon Trading For Airlines

Needs Parliamentary Nod For Implementation

A controversial plan to require airlines to pay for the amount of carbon dioxide their aircraft put into the atmosphere won the approval of transport ministers in the European Union Saturday.

The measure -- aimed at cutting back to greenhouse gases -- requires approval by the European Parliament before it becomes law. If that happens, in less than four years airlines would be forced to either cut back on the amount of carbon dioxide produced, or purchase credits from other industries -- a practice known as carbon trading.

Airlines are opposed to the forced implementation of the plan, stating the carbon-capping scheme, to be imposed in 2011, would cost the industry over $5 billion annually -- while providing negligible benefits to the environment.

They point out airliners are responsible for less than two percent of global carbon emissions -- and manufacturers like Boeing and Airbus are working on more efficient planes, powered by cleaner engines, that should bring that percentage down further.

The European Union has vowed to curb carbon dioxide emissions throughout all industries 20 percent by 2020.

"Every mode of transport, including the air mode, has to make its contribution to tackling climate change," said Wolfgang Tiefensee, Germany's transport minister, to the BBC.

For the moment, the proposal includes only EU carriers. The United States has warned the EU that attempting to impose the plan on non-EU airlines could be a violation of international aviation rules.

FMI: www.eu.int

Advertisement

More News

USCG MH-60 To The Rescue (Again) -- Rescues 4 Boaters

Capsized Vessel Located Near Dauphin Island, Alabama The Coast Guard rescued four boaters after their vessel capsized near Dauphin Island, Alabama, Thursday. Coast Guard District E>[...]

Gray Eagle Order Placed for Army National Guard

Reserve Components Looking to Improve In-House General Atomics Aeronautical Systems announced a fresh order for a dozen Gray Eagle 25M UAVs with accompanying equipment, for fulfill>[...]

Aero-Biz Survival 101 (1120a): Expert Ideas To Help You Through Tough Times

Brand New! Avoid The Need For A Comeback... Get Your Marketing Right, Right Now! Some time ago, the Aero-News Network, responding to numerous requests, established a marketing and >[...]

Airborne 06.03.24: Rotax 915/916 SB, Starship 4 Ready?, B-17 Mementos

Also: Hubble On Pause, FedEx Pilots Picket, Nexus eVTOL, VFS Honors The Rotax folks have published a Service Bulletin after issues were noted that may affect all R915i and R916i se>[...]

Mid-Continent Instruments and Avionics Mourns Former Leader

John W. Winter of AEA and Avionic Fame Passes John W. Winter brought Mid-Continent Instrument Company into the modern era in 1980, purchasing the firm and using it as a base for ex>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC