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BA, Cathay Pacific, Air France/KLM and Virgin Atlantic to present UN with proposals for global aviation cap-and-trade scheme
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BA, Cathay Pacific, Air France/KLM and Virgin Atlantic to present UN with proposals for global aviation cap-and-trade scheme
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Member states are obliged to put in place appropriate legislation for the emissions trading scheme entered into force in February within a year, according to a directive incorporating aviation into the EU.
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BRUSSELS: Britain, home to Europe’s busiest airport, looks set to reap the most reward from European Union plans to require airlines to buy permits to cover their carbon emissions, according to a list released Wednesday that matches each of the world’s airlines to the one EU country that will be responsible for collecting payments.
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