What a mess as the EU waters down ETS targets

The European Union (EU) has claimed a diplomatic victory after coming away from the ICAO with an agreement that in principle will see all airlines, no matter their country of origin, pay fees under the EU Emissions Trading Scheme (ETS). “The ETS is valid, and [the Americans] will come under it like everyone else,” said Siim Kallas, the EU transport commissioner, claiming a diplomatic victory in the four year battle of words over how emissions targets can be met. The war of words between the EU and the US airlines, represented by the Air Transport Association (ATA), began after the