EU declines to exempt international airlines from emissions caps

01/18/2012 | Bloomberg

The European Union said in a response letter to Secretary of State Hillary Clinton that it will not exempt international airlines from its emissions-trading program because the bloc sees itself as a leader in preventing climate change. The letter offered to negotiate, however, if the U.S. can take "equivalent measures" to cut emissions in its aviation industry. "We see the inclusion of aviation in the EU ETS as an important contribution to, and a catalyst, towards global action, rather than an obstacle," the letter says.

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