A report from Corporate Europe Observatory, “Climate Crash in Strasbourg: An Industry in Denial” tracks the three-year process by which the airline industry was inducted into the European Emissions Trading Scheme, and claims that the International Air Transport Association (IATA), national airlines and key member states combined to weaken original proposals that will, according to the report authors, jeopardize the EU’s overall greenhouse gas reduction targets. A primary reason for airline interest in biofuels has been the potential “carbon cost” impact of fossil fuels under proposed emissions trading schemes.
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