CO2 hysteria to raise airfare costs to Europe

[Flying Binghi]

"Canadian airlines have joined the fight opposing the European Union’s plan to include the aviation industry in its emissions trading plan at the start of next year.
Under terms of the EU strategy, any airline flying in or out of Europe would be forced to buy carbon permits for 15% of their emissions based on 2010 levels. They would also be required to reduce their carbon dioxide emissions by 3% in 2012, and by 5% from 2013 onward, based on their average emissions between 2004 and 2006.
The National Airlines Council of Canada, which represents the country’s largest carriers, including Air Canada and Air Transat, has lent its support to a legal challenge being mounted against the plan, which will be heard by the EU’s high court in Luxembourg Tuesday..."


Canada’s airlines fight EU carbon tax | Transportation | Financial Post





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