Russia to prohibit its airlines from paying ETS

Victoria
By Victoria February 21, 2012 15:52

Russia to prohibit its airlines from paying ETS


 

Protest against the European Union’s Emissions Trading Scheme (EU ETS) is gaining pace with Russia meeting to discuss the possibility of prohibiting its airlines from participating in the scheme.

 

Speaking to Reuters, Aeroflot said: “The Russian government is now reviewing a bill prohibiting Russian airlines to participate in emission trading: it means considering a retaliatory approach.”

“We are facing a new initiative by the EU that may trigger real ‘trade wars’ and cause damage to the world airline industry at one of its most critical stages.”

The new law obliges global airlines to pay for emissions when using EU airports as of January 1 this year, a measure it says will reduce carbon output and help protect the environment.

The coalition of the unwilling, namely India, China and the United States are meeting in Moscow to discuss action against the scheme.

China has already prohibited its airlines from taking part in the scheme.

Victoria
By Victoria February 21, 2012 15:52
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