Airlines urge U.S. to take stronger approach versus EU carbon law

   Photo:  nopsa.hiit.fi

Airlines urge U.S. to take stronger approach versus EU carbon law | Reuters

A coalition of industry lobby groups urged the Obama administration on Monday to take more aggressive measures to challenge an EU law that forces airlines that use European airports to pay for their carbon emissions, as two U.S. agencies prepare to host 16 countries to discuss a global framework for an alternative.  Groups including Airlines for America (A4A) and the U.S. Chamber of Commerce sent a letter to Secretary of State Hillary Clinton and Transportation Secretary Ray LaHood calling on them to file an action under the U.N.'s aviation body, the International Civil Aviation Organization (ICAO), to force the EU to stand down from forcing foreign airlines to comply with the bloc's emissions trading system.

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Thomson Reuters Point Carbon's OTC price assessments

		Close	+/-
EUA	Dec 2012	6.59	-0.29
sCER	Dec 2012	2.65	-0.20

 

 

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UPDATE 1-U.N. carbon credits fall to new record low | Reuters
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