HAS THE EU LEFT AN ETS GET OUT CLAUSE FOR NON-EU AIRLINES TO EXPLOIT BURIED IN THE WORDING?

Countries opposing a European Union law that charges airlines for carbon emissions should consider seeking waivers by adopting equivalent emission reduction measures, the EU’s new envoy to India said on yesterday. “There is space in the legislation that has not yet been explored regarding exemptions for equivalent measures,” said Joao Cravinho, the EU ambassador to New Delhi. “There is room for negotiation, not for annulling the law. But there is within the law itself the possibility of exploring the avenues of exemption.” The EU law allows for equivalent measures to be taken into account, which analysts said would cover other