Bipartisan bills shield US airlines from EU GHG scheme

Nothing inspires US bipartisanship quite like coercion from abroad. The Republican-controlled House on Nov. 13 passed a bill that the Democrat-controlled Senate passed in September excluding US airlines from European regulation of greenhouse gas (GHG) emissions. The European Union announced in 2008 that all aircraft landing and taking off in Europe would become subject to its emissions trading system beginning this year. Airlines would be issued permits to emit specified amounts of carbon dioxide. Those whose emissions exceeded allowed amounts would have to buy unused permits from airlines with below-limit emissions. Many airlines and countries consider this a tax breaching EU jurisdictio...

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