European Parliament Wants Airline Emissions Capped

Law360, New York (May 7, 2008, 12:00 AM EDT) -- Looking to crack down on emissions from airplanes, European Union regulators have reportedly proposed a new plan that would restrict carbon dioxide emissions permits for carriers operating flights to and from Europe.

Members of the European Parliament's environment committee said Tuesday that the commission should auction off 25% of the carbon emissions permits allotted for airlines, as opposed to the 10% proposed by member states.

Lawmakers hope that reducing the number of permits given directly to airlines and not auctioned will increase the cost of polluting...
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