It’s the EU – Eurocrat U-Turn

Well we all knew that they had little choice but to cave-in and here we are; Connie Hedegaard, the EU’s climate commissioner has announced that the European Union Emissions Trading Scheme (EU ETS) has, for airlines at least, been suspended for the time being. Announcing plans to put ETS on hold, Commissioner Hedegaard said: “To create a positive atmosphere, we have agreed to stop the clock”. This comes on the back of a total impossibility for the EU to force foreign airlines to integrate into the ETS system and the very real possibility of a trade war with just about