ETS Carbon trading update from editorial comment yesterday

Victoria
By Victoria January 4, 2012 22:43

ETS Carbon trading update from editorial comment yesterday


Carbon trading contacts of Airline Economics are confirming that there is a gradual increase in interest in services from European carriers with nine airlines trading carbon permits with some larger airlines becoming virtually “fully active” as carbon rates languish at recent lows of €7 per tonne. However, as yet there is little to no interest from non-EU carriers as they wait to see what the regulatory landscape looks like. All should be ready though as airlines are projected to purchase some 700m permits before the end of this decade. Meanwhile China’s airlines will refuse to pay any carbon costs under the European Union’s Emissions Trading Scheme: “China will not cooperate with the European Union on the ETS, so Chinese airlines will not impose surcharges on customers relating to the emissions tax,” Cai Haibo, deputy secretary-general of the China Air Transport Association (CATA), is quoted in Reuters today.

Victoria
By Victoria January 4, 2012 22:43
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