The Air Transport Association of America, together with American Airlines and the United Continental group, told the European Court of Justice in Luxembourg yesterday that the European Union should not be allowed to extend its emissions trading scheme (ETS) to foreign airlines from January 2012. The EU insists it will not amend its rules and claims the ETS will only amount to a few extra euros per ticket. Foreign airlines argue the eventual cost will be much higher, estimating it could cost the industry €1.1bn ($1.5bn) in the first year, and substantially more in following years. The US government and

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