At last sense has prevailed well sort of.
From the BBC:
EU suspends aircraft emissions trading rules
The European Union has agreed to suspend its rules that require airlines flying to and from airports in the EU to pay for their carbon emissions.
The rules had been unpopular with countries outside Europe such as the US, China and India.
Climate commissioner Connie Hedegaard said she had proposed "stopping the clock for one year".
She said the suspension was due to progress being made in negotiations on a global emissions deal.
But she added that if the International Civil Aviation Organization (ICAO) did not make progress towards a global deal by this time next year the European tax would be reintroduced.
BBC News - EU suspends aircraft emissions trading rules