Aviation plea to leaders over EU price on carbon
Seven European aviation firms have written to governments complaining about the inclusion of airlines in the EU's Emissions Trading Scheme (ETS).
The European Union has gone it alone with its ETS, which levies a charge on flights in EU airspace based on carbon emissions.
The opposition campaign is being led by Airbus and has the support of the chief executives of British Airways, Virgin Atlantic, Lufthansa, Air France, Air Berlin and Iberia.
China and the US both oppose the tax.
“The measure is threatening more than 1,000 jobs (at Airbus) and another thousand through the supply chain,” Airbus CEO Thomas Enders is quoted as saying.
They believe that the proposals should be put on hold until a global plan for carbon emissions is agreed.
"Trying to impose a scheme on flights outside of Europe risks retaliatory action against EU airlines and EU trade at a time when the European economy is under severe pressure," a spokesperson from BA said in a statement.
Sources:
BBC News
SARMAYA KAR
Wall Street
Seven European aviation firms have written to governments complaining about the inclusion of airlines in the EU's Emissions Trading Scheme (ETS).
The European Union has gone it alone with its ETS, which levies a charge on flights in EU airspace based on carbon emissions.
The opposition campaign is being led by Airbus and has the support of the chief executives of British Airways, Virgin Atlantic, Lufthansa, Air France, Air Berlin and Iberia.
Airbus SAS and Europe's biggest airlines called on the European Union to find a compromise on aviation carbon curbs, warning that the EU emission limits on foreign carriers could lead to increased retaliation.
The signatories, which include Airbus, British Airways and Virgin Atlantic, argue that the pollution levy threatens jobs and trade.They are concerned about trade-related retaliation by countries not complying with the Emissions Trading Scheme (ETS)
The signatories, which include Airbus, British Airways and Virgin Atlantic, argue that the pollution levy threatens jobs and trade.They are concerned about trade-related retaliation by countries not complying with the Emissions Trading Scheme (ETS)
“The measure is threatening more than 1,000 jobs (at Airbus) and another thousand through the supply chain,” Airbus CEO Thomas Enders is quoted as saying.
They believe that the proposals should be put on hold until a global plan for carbon emissions is agreed.
"Trying to impose a scheme on flights outside of Europe risks retaliatory action against EU airlines and EU trade at a time when the European economy is under severe pressure," a spokesperson from BA said in a statement.
Sources:
BBC News
SARMAYA KAR
Wall Street
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