Emirates senior vice-president of public, industry, international and environmental affairs at Emirates, Andrew Parker, has warned that the European Union carbon emission permit scheme will cost the airline up to $1 billion (Dh3.67 billion) during the first eight to ten years of the ETS. “I think we’ll lose somewhere in the $500 million to $1 billion range over the first eight years or first decade of the scheme,” said Parker. “Europe is very large in terms of our global network. This will have a very significant financial impact on Emirates. We’ll have to pay tens of millions of dollars in
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.