The EU's proposal may face significant industry resistance, which could impact the effectiveness of the Emissions Trading System. IATA's warning suggests that the EU may need to reconsider its approach to avoid further losses, which could have implications for the airline industry's sustainability efforts.
European Commission Proposal Faces Industry Resistance
The International Air Transport Association’s chief economist, Marie Owens Thomsen, has criticized the European Commission’s proposal to expand the Emissions Trading System beyond the European Economic Area, calling it ‘self-empowered overreach’. The EU has previously lost a case on the scope of the ETS, and IATA warns that it will ’lose again’ if it proceeds with the proposal. The development was reported by FlightGlobal.
The EU's proposal may face significant industry resistance, which could impact the effectiveness of the Emissions Trading System. IATA's warning suggests that the EU may need to reconsider its approach to avoid further losses, which could have implications for the airline industry's sustainability efforts.
European Commission Proposal Faces Industry Resistance
The International Air Transport Association’s chief economist, Marie Owens Thomsen, has criticized the European Commission’s proposal to expand the Emissions Trading System beyond the European Economic Area, calling it ‘self-empowered overreach’. The EU has previously lost a case on the scope of the ETS, and IATA warns that it will ’lose again’ if it proceeds with the proposal. The development was reported by FlightGlobal.