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Effective today, The ROBERT | CHARLES Group is discontinuing our postings and links to content and news for investing in worldwide cap and trade and sustainable energy markets. This blog will be phased out in the coming days and weeks.

Thursday, June 7, 2012

Senate Commerce Committee Examines EU Emissions Trading System

Senate Commerce Committee Examines EU Emissions Trading System
The Senate Commerce, Science, and Transportation Committee Wednesday held a hearing on the highly controversial European Union (EU) Emissions Trading System (ETS).  The hearing examined issues associated with the inclusion of the airline sector in the ETS, a program that caps greenhouse gas emissions for certain industries in the EU, and its potential impact on U.S. air carrier operations. Lawmakers heard from DOT Secretary Ray LaHood, as well as European Commission Directorate-General for Climate Action Director General Jos Delbeke and a panel of industry stakeholders.

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