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Image header Agence Europe
Europe Daily Bulletin No. 10462
Contents Publication in full By article 29 / 39
GENERAL NEWS / (ae) eu/aviation

Outrage over ETS credits

Brussels, 28/09/2011 (Agence Europe) - The airlines have reacted extremely negatively to the “free” CO2 emissions quotas (ETS) announced by European Climate Action Commissioner Connie Hedegaard on 26 September (EUROPE 10460). She stated that the airlines would benefit from €20 billion worth of free carbon permits at current prices on the CO2 markets for the next decade. She suggested that this money, which the industry was not going to have to pay out, could be used to invest in energy...

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