WTTC CEO says ETS freeze averts global trade war

11/21/2012 | TravelMole (free registration)

The European Union's decision to postpone the extension of its emissions-trading scheme to aviation until next year is "a very unexpected but very welcome development, which may now temporarily prevent a full scale trade war," said David Scowsill, president and CEO of the World Travel & Tourism Council. Scowsill also recommended that the EU not impose the emissions trading policy on European airlines.

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