Thursday, March 20, 2014

Will European Parliament Block ETS Change?

As we discussed earlier this month, representatives of the European Union Member States have, in the wake of ICAO's announced timetable for the creation of a global aviation emissions plan, lobbied to effectively exclude foreign carriers from the EU's emissions trading scheme in order to avoid conflict with major trading partners. Members of the European Commission and Parliament, by contrast, have proposed only exempting foreign carriers from responsibility for emissions occurring outside the airspace of EU Member States. A few weeks ago an agreement was announced between members of Parliament and the Council that suggested that a full exemption would be provided, but that agreement still awaits formal approval by the Parliament. Yesterday Parliament's environmental committee voted to reject the compromise, making clear that significant opposition to the full exemption still remains ahead of the crucial April 3 vote.

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