12-Sep-2012 11:16 AM

Germany, France, Spain and the UK urge EU to step back on EU ETS to avoid retaliation

European Union has been urged by ministers from Germany, France, Spain and the UK to abandon or temporarily suspend the inclusion of aviation under its Emissions Trading Scheme (EU ETS) and instead to adopt a global solution through ICAO, according to reports by Europe Magazine and La Tribune. The ministers are from the four nations that control EADS and its commercial aircraft manufacturing subsidiary Airbus and are concerned the company could suffer from retaliatory action by opponents of the EU ETS. German Parliamentary State Secretary Peter Hintze said European nations “want to work to find a global solution to the system of trading emission does not interfere with the activities of Airbus developments in the world”. French Minister for Transport Frédéric Cuvillier said that the principle of the EU ETS was necessary but noted it was also “necessary to be pragmatic not to close the discussion, given the stakes”. UK Minister of State for Business Michael Fallon said there is a “clear and present danger” to Airbus’ order list.

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