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EU to include airlines in carbon trading

20 December 2006

Airlines that fly within the EU will have to trade carbon emissions beginning in 2011, the European Commission said Wednesday, which could see travelers pay more for popular short-break trips.

Expanded rules covering all airlines that fly into the EU will take effect the next year, a move that would hit U.S. airlines on their lucrative trans-Atlantic routes.

Airlines are generally in favor of the plan, since EU officials had warned them that refusing to back an emissions trading program would result in an aviation tax.

source: Business Week

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