European Parliament Sets Airline Emissions Cap

Law360, New York (November 13, 2007, 12:00 AM EST) -- The European Parliament has voted to impose a cap on emissions from airplanes, backing a European Commission initiative and pushing it even farther by lowering the limit.

With a large majority of member states in favor, the parliament on Monday approved the EC's proposed emission trading scheme in an effort to curb airline pollution, which flew up by 7.5% between 2003 and 2004 and by 87% since 1990.

Taking a harsher approach than the commission did, the parliament voted to cap the discharge at 90% of...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.