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QIAO LAB is the Europe Center High Tech & Business Incubator, Knowledge & Technology Transfer Platform, has this mission:

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Tags >> Airlines
Jun 07
2011

Aviation: EU may exempt Chinese airlines from Emissions Trading Scheme rule

Posted by Europe Business Center International in Gas emissions , EU , ETS , China , Carbon , Aviation , Airlines

Europe Business Center International

THE European Union has told Chinese airlines they can win an exemption from the EU's carbon market if they follow Europe's lead in cutting greenhouse gas emissions from aviation, according to a letter seen by Reuters yesterday.

From January 1 next year, the EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme, a system that forces polluters to buy permits for each ton of carbon dioxide they emit above a certain cap.

But China's aviation authority opposes the measure, saying it will cost Chinese airlines 800 million yuan (US$123 million) in the first year and more than triple that by 2020.