Brussels, 06/01/2012 (Agence Europe) - The arrival of 2012 also means entry to the ETS (Emissions Trading System) for EU aviation. The European ETS directive took effect on 1 January on the purchase of polluting emissions from aviation, for aircraft flying to or from the EU. The aviation sector is now resigned to this despite a categorical refusal from Beijing to submit to the carbon tax (see EUROPE 10525), but admits that consumers should also put their hands in their pockets.
The...