Tuesday, July 26, 2011
For more background on tomorrow's Congressional hearings on the EU ETS, blog readers may want to peruse the recently proposed EU ETS Prohibition Act, H.R. __ (112th Cong., July 20, 2011) (available here). The proposal directs the Department of Transportation to "to prohibit an operator of civil aircraft of the United States from participating in any emissions trading scheme unilaterally established by the European Union." The proposal does not provide specific penalties for U.S. carriers which defect from the prohibition, however.
The U.S. House Infrastructure and Transportation Committee is scheduled to hold hearings on the legality of the European Union's Emissions Trading Scheme tomorrow morning at 9:00am EST. The hearing will focus on whether the ETS violates international law. A full list of witnesses, along with a briefing memo, is available from the Committee's website here.