Airline investment fears as emissions deal agreed

Airlines in Europe and elsewhere warned that investment could be pruned back after the European Parliament gave their go-ahead on the 8 July 2008 to a European Commission proposal forcing the industry to start paying for greenhouse gas emissions in four years. The proposal now awaits a vote in the Council of the European Union

European Commission: Press Release: IP/08/1114: Emissions trading: Commission welcomes EP vote on including aviation in EU ETS http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1114&format=HTML&aged=0&language=EN&guiLanguage=en

ESO: Background information: Aviation and climate change http://www.europeansources.info/record/website-aviation-and-climate-change/

BBC News, 8.7.08: EU includes aviation in CO2 curbs http://news.bbc.co.uk/1/hi/world/europe/7495567.stm

Air Transport Association of America: Press Release, 8.7.08: ATA Says European Aviation Emissions Trading Scheme Illegal, Decries Legislation as a ‘Tax Grab’ http://www.airlines.org/news/releases/2008/news_7-8-08.htm

European Parliament: Press Release, 8.7.08: Aviation to be included in the European Trading System from 2012 as MEPs adopt legislation http://www.europarl.europa.eu/news/expert/infopress_page/064-33577-189-07-28-911-20080707IPR33572-07-07-2008-2008-false/default_en.htm

Deutsche Welle, 9.7.08: Brussels Approves CO2 Trading Plan for Airlines http://www.dw-world.de/dw/article/0,2144,3471059,00.html

IATA: Press Release, 8.7.08: European ETS Vote: The Wrong Answer http://www.iata.org/pressroom/pr/2008-07-08-01.htm

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