Tuesday, April 5, 2011
Jeff Smisek, Chief Executive of United, has issued strong words against the European Union's plans to bring airlines--including U.S. carriers--under its Emissions Trading Scheme in 2012. See Pilita Clark, United Warns EU on Emissions Scheme, Fin. Times, Apr. 3, 2011 (available here). Interestingly, Smisek predicted that if the Air Transport Association's current legal challenge to the ETS before the European Court of Justice fails, a major international power--potentially China or the United States--will intervene on behalf of their air carriers to limit the application of the ETS.