Flights to Europe might just become a bit more expensive.
In an effort to reduce carbon dioxide emissions and the impact of climate change, since 2005, the European Union has enforced an Emissions Trading Scheme (“ETS”) to regulate the carbon emission from more than 11,000 utilities and manufacturers. In November 2008, the ETS was extended to [...]
Tags: airline carbon emissions, EU Regulation of Airline Emissions Begins, European Union Emissions Trading Scheme, regulation of airline industry