Wednesday, June 6, 2007

UPDATE 1-Airlines seen paying billions in EU emission scheme

(Reuters) - Airline profits would be cut by more than 40 billion euros
from 2011 to 2022 if carriers were included in the scheme, the
study, commissioned by the airline industry and conducted by
Ernst & Young, said.




The aviation sector is slated in 2011 to join the scheme,
the 27-nation EU's key tool to fight climate change and meet
commitments to cut greenhouse gases under the Kyoto Protocol.


Read more at Reuters.com Government Filings News

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