Saturday, December 22, 2007

EU scales back plans to limit airline emissions


European Union governments on Thursday scaled back a draft law that would regulate emissions from any airline landing in or taking off from Europe. But the ministers still agreed to implement key measures within five years - raising the stakes in a battle with the United States over global environmental regulation.

EU environment officials have promoted the airline bill as the centerpiece of a European effort to lead the world in reducing greenhouse gas emissions, but the U.S. government and many airlines have insisted there should be an international agreement first.

Airlines also say the EU action could cost billions of euros and drive up ticket prices. But EU ministers said they had struck a victory for the environment despite their revisions, which include delaying the start date by one year and reducing the amount of permits that airlines would have to buy.

See full Article.