China and Europe's emission-trading scheme: Not free to fly | The Economist
NO COMPANY likes being lumped with an extra cost. Airlines were therefore cheered by reports on February 6th that China had provisionally barred its airlines from complying with a European law to impose one, by including all flights into and out of the EU in its main provision for curbing greenhouse gases, the emissions-trading scheme (ETS). But the airlines’ joy may be short-lived. Whether or not China imposes a ban—a grave step, which might even instigate a global trade war—the row is already hastening efforts to make the world’s airlines pay for their pollution.
NO COMPANY likes being lumped with an extra cost. Airlines were therefore cheered by reports on February 6th that China had provisionally barred its airlines from complying with a European law to impose one, by including all flights into and out of the EU in its main provision for curbing greenhouse gases, the emissions-trading scheme (ETS). But the airlines’ joy may be short-lived. Whether or not China imposes a ban—a grave step, which might even instigate a global trade war—the row is already hastening efforts to make the world’s airlines pay for their pollution.

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