The airline industry's mouthpiece called Monday for uniform global measures by 2020 to curb all aircraft carbon emissions, warning that a patchwork of competing proposals could emerge otherwise. And if that happens, it could lead to a proliferation of trade wars, International Air Transport Association general manager Tony Tyler said at a meeting of the international industry trade group of airlines. Tyler said he remains "optimistic" that IATA member states will come together on a plan. "We think that a global mandatory carbon offsetting scheme would the simplest, easiest in the end to implement," he said. "We have seven years to do it," he added. "It's achievable." But if IATA member nations fail to reach a consensus on what a global airline carbon tax might look like, he warned, "We could well see a proliferation of regional schemes of taxes, charges, different ways of penalizing the industry. "This could lead to overlapping, duplicating, sometimes conflicting schemes under which we may be paying twice for the same emission." Several nations have already balked at a global emissions scheme for airlines, including the United States and India. Late last year, after running into a storm of criticism, the European Union suspended its CO2 Emissions Trading Scheme (ETS) for intercontinental flights for 2013, saying it wanted to give all sides more time to reach a global accord. Under the ETS, airlines flying in EU airspace were required to buy pollution credits to cover 15 percent of their CO2 emissions for the entire flight, wherever it originated. A European source said earlier this month that the EU is ready to compromise over its tax if opponents, led by the United States and China, apply a similar levy by 2016.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor