Thursday, 29 March 2012

ICTP supports call for a moratorium on EU Emissions Trading Scheme and urgent action by ICAO

There is an old adage that say’s there’s your view and there’s my view – and there’s the truth that’s somewhere in between.  That’s where it seem to be on the increasingly heated story about whether airlines should be part of the EU Emissions Trading System or a global scheme developed in ICAO.

The EU says we are only pushing it now because we have waited ten years for ICAO action. The industry says it’s complex, it involves sovereign states and we are achieving something finally in ICAO  

And both views as any objective analyst will tell you have some merit – the time has come for action, not talk at a global level and a big factor is the pressure of the EU regional scheme really coming into force.


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