The bill passed by the U.S. House of Representatives barring U.S. airlines from participating in the EU’s emissions trading system (ETS) has encouraged doomsday scenarios of trade wars and U.S. airlines ceasing transatlantic flights, but this is “nonsensical,” in the words of industry analysts; however, global opposition to the ETS could spark a heated debate next week when the International Civil Aviation Organization Council weighs in on the matter. The law as passed by the House does ...

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