EU Cap-And-Trade System Threatens Airlines Globally

Credit: www.baa.com/photolibrary
You have to hand it to European Union officials—they sure know how to keep an industry on its toes, if not knock it on its derriere. The EU's plan to include virtually all of the world's airlines in its emissions trading system (ETS) is both audacious and menacing. With tortuous reasoning, a...

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