Airlines & the carbon market – who will be hardest hit?

Ethical Markets Trendspotting

The EU’s decision to regulate all airlines flying into or out of the 27-nation bloc under its Emissions Trading System (ETS) from January next year has met fierce opposition from many airlines. They warn of a substantial additional cost burden, a loss of competitiveness, and even a trade war with China. Other observers say the initial cost burden will be minimal, dismiss talk of a trade war as scaremongering and note that aviation emissions are rising fast.

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