Brussels, 05/01/2012 (Agence Europe) - China announced on 4 January that it would not take part in the EU Emissions Trading System (ETS). It had already indicated its unhappiness with the European ETS directive's unilaterally imposing that, with effect from 1 January, third country airlines purchase 15% of the CO2 emissions quotas that will be allocated to them for their flights to and from the EU. The European Commission, however, is not overly alarmed. After the Court of Justice ruling on...