1/9/2012

The Obama administration is considering proposals to retaliate against the European Union for its emissions-trading scheme. "We take the White House at their word that they are prepared to take action, which could include a country-to-country legal action, retaliatory measures or any number of steps to urge the withdrawal of the EU's unilateral scheme in favor of a global approach," said Steve Lott, a spokesman for Airlines for America.

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