Transportation Secretary Ray LaHood and aviation industry advocates last week equally denounced the EU’s emissions trading scheme (EU-ETS), but the Obama administration stops short of backing congressional action to ban participation in the system. Testifying last week before the Senate Commerce Committee, LaHood called EU-ETS “lousy, bad policy,” but said he would not support Senate legislation prohibiting operators from participating in EU-ETS. Instead, he said he may support a ...
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