IATA welcomes US Bill opposing EU Emissions Trading Scheme

IATA welcomed (20-Jul-2011) the action by members of the US House of Representatives Transportation Committee introducing a bill into Congress identifying the EU Emissions Trading Scheme as "being a unilateral and extra-territorial act that is inconsistent with long-established international aviation law this action which recognises that the International Civil Aviation Organisation is the proper forum to address international aviation carbon emissions". IATA stated that aviation is a global business that requires global solutions, including climate change. It expressed its support for economic measures, including market-based measures, to reduce CO2 emissions as part of the aviation industry's strategy to address climate change. [more]