UK Seeks To Punish Airlines That Flout EU Emissions Plan

Law360, New York (January 25, 2012, 12:00 AM EST) -- U.K. lawmakers on Wednesday called for international airlines that use U.K. airports but do not comply with the European Union's cap-and-trade program to be punished with grounded flights and higher air passenger duties.

A report by the Energy and Climate Change Committee in the House of Commons urges the U.K. government to take measures to pressure countries like the U.S. to comply with the EU's Emissions Trading System, which it said could cover about 60 percent of international aviation emissions.

"International airlines using U.K. and European...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.