Global Airlines Say EU Emission Rules Could Spark Trade War

Law360, New York (June 12, 2012, 2:17 PM EDT) -- An international trade association representing 230 global airlines criticized Europe's recently enacted regulations aimed at reducing aviation emissions on Tuesday, saying the rules intensified global political tensions and could lead to a global trade war.

Leaders of the International Air Transport Association warned during an annual conference that Europe's controversial Emissions Trading System regulations — a cap-and-trade program that took effect Jan. 1 — could spark a worldwide trade war, but urged countries to seek a global solution through the United Nations' International Civil Aviation Organization. ...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.