Carbon Permits Too Costly According to EU Budget Carriers
Low-cost airlines claimed that they will not make windfall profits from a trading program intended to limit their greenhouse gas emissions.
The EU wants all airlines that fly within its borders to trade pollution permits beginning in 2011, forcing them to buy more permits if they want to operate more or longer flights.
The EU’s cap-and-trade program gives companies a permit to pollute that they can sell to other companies if they use cleaner technology or emit less carbon dioxide. Businesses with more permits than they need can potentially profit.
But EU governments and lawmakers plans to force airlines to buy 15 percent of available permits to avoid any profiteering — something the European Low Fares Airline Association say is unlikely to happen.
Source: AP
Karen
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































Qatar Airways offers reduced timetable to over 60 destinations
Hands In, UATP join forces for airline multi-card payments
AirlineRatings reveals world's safest airline rankings for 2026
Vietnam warns airlines of possible flight reductions amid jet fuel shortages
Fliggy opens AI-powered travel bookings and developer tools