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December 16, 2011
Will Chinese Airlines Participate in EU ETS?
An interesting news item in Reuters yesterday indicated that Chinese airlines had been instructed not to participate in the EU's Emissions Trading Scheme (ETS). See David Stanway and Ken Wills, China Aviation Body Urges Members Not to Cooperate with EU CO2 Scheme, Reuters, Dec. 15, 2011 (available here). According to the report,?Wei Zhenzhong, the secretary general of the China Air Transport Association, has instructed airlines not to submit CO2 monitoring plans to European officials. China and the United States have been the most strenuous objectors to the EU's claimed authority to include foreign carriers in the program. This latest news out of China resembles earlier legislation passed by the U.S. Congress, though unlikely to become law, prohibiting U.S. carriers from participating in the EU scheme. The article also quotes Chinese officials as considering retaliatory measures and an eventual legal challenge.
December 16, 2011 | Permalink
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