{"id":437117,"date":"2011-06-06T23:00:50","date_gmt":"2011-06-06T23:00:50","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/"},"modified":"2011-06-06T23:00:50","modified_gmt":"2011-06-06T23:00:50","slug":"airlines-eu-in-escalating-trade-row-over-emissions","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/","title":{"rendered":"Airlines, EU in escalating trade row over emissions"},"content":{"rendered":"
\n

Global airlines attacked the European Union on Sunday over its plan to force them into the bloc\u2019s emissions trading scheme, as the EU vowed to stand firm against threats of retaliation.<\/p>\n

Aviation chiefs spoke out against the EU move in Singapore at the start of a meeting in a glitzy casino resort, with some warning of the danger of a trade war and airlines from poorer nations saying they would pay a high price.<\/p>\n

The EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme (ETS) from January 1 next year. The system forces polluters to buy permits for each tone of carbon dioxide they emit above a certain cap.<\/p>\n

The scheme is meant to tackle growing emissions from the $500 billion aviation sector, which is responsible for about two percent of mankind\u2019s greenhouse gas pollution. Airlines say the scheme will increase costs and comes at a time when fears are growing about a faltering global economy, which could slash industry profit expectations.<\/p>\n

Governments and airlines have been piling on pressure, some describing the forced inclusion of global airlines as illegal. \u201cThe last thing that we want to see is a trade war,\u201d said Giovanni Bisignani, director-general of the International Air Transport Association. The EU had to heed a \u201cgrowing chorus of countries strongly opposing an illegal extraterritorial scheme.\u201d<\/p>\n

\u201cWe have to absolutely avoid this because the risk of retaliation for Europe that is in survival mode would be the kiss of death,\u201d he told Reuters on the sidelines of IATA\u2019s annual meeting in Singapore.<\/p>\n

Chinese and U.S. airlines have been among the most vocal, with Beijing\u2019s aviation authority saying the EU move will cost Chinese airlines 800 million yuan ($123 million) in the first year and more than triple that by 2020. Industry and diplomatic sources have said China has threatened retaliation against European airlines and French plane maker Airbus if the EU goes ahead with its plans.<\/p>\n

The U.S. industry group Air Transport Association of America is challenging the move in EU courts. A U.S. industry official said separately the suit by a number of U.S. airlines would be heard in Luxembourg on July 5.<\/p>\n

Europe\u2019s climate chief said the EU would stand firm against any threats of retaliation. \u201cWhen some parties start to threaten specific European companies, I think Europe should be very firm,\u201d Climate Commissioner Connie Hedegaard told Reuters in an interview.But she said there could be a solution if China and other nations carry out steps to cut emissions.<\/p>\n

The European Commission wrote to the China Air Transport Association last week offering a solution \u2014 using provisions in the ETS rules to exempt airlines of countries that can prove they are taking equivalent steps to cut emissions from aviation.<\/p>\n

The Commission has not spelled out what those steps could be, nor have EU member states finalized details of penalties, such as seizing aircraft should an airline fail to comply.<\/p>\n

Under the scheme, the aviation sector will receive 213 million carbon permits, called EU Allowances (EUAs) in 2012 and then 209 million from 2013 to 2020, representing the cap. As many as 82 percent of them will be given free to airlines, meaning most of the rest will have to be bought from the market.<\/p>\n

With six months before the sector joins the ETS, opposition is growing. A China Southern executive has said the China Air Transport Association is preparing to sue the EU over the issue, a Chinese media report said.\u201dThe opposition is broad,\u201d said Andrew Herdman, Director-General of the Association of Asia Pacific Airlines, which represents 15 airlines such as Cathay, Japan Airlines and Singapore Airlines.<\/p>\n<\/div>\n

Comments are moderated. Please keep them clean and brief.<\/p>\n<\/p>\n

Read the original:
\nAirlines, EU in escalating trade row over emissions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Global airlines attacked the European Union on Sunday over its plan to force them into the bloc\u2019s emissions trading scheme, as the EU vowed to stand firm against threats of retaliation. Aviation chiefs spoke out against the EU move in Singapore at the start of a meeting in a glitzy casino resort, with some warning of the danger of a trade war and airlines from poorer nations saying they would pay a high price<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-437117","post","type-post","status-publish","format-standard"],"yoast_head":"\nAirlines, EU in escalating trade row over emissions - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Airlines, EU in escalating trade row over emissions - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Global airlines attacked the European Union on Sunday over its plan to force them into the bloc\u2019s emissions trading scheme, as the EU vowed to stand firm against threats of retaliation. Aviation chiefs spoke out against the EU move in Singapore at the start of a meeting in a glitzy casino resort, with some warning of the danger of a trade war and airlines from poorer nations saying they would pay a high price\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Airlines, EU in escalating trade row over emissions\",\"datePublished\":\"2011-06-06T23:00:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/\"},\"wordCount\":633,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/\",\"name\":\"Airlines, EU in escalating trade row over emissions - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/#website\"},\"datePublished\":\"2011-06-06T23:00:50+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/06\\\/airlines-eu-in-escalating-trade-row-over-emissions\\\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Airlines, EU in escalating trade row over emissions - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/","twitter_card":"summary_large_image","twitter_title":"Airlines, EU in escalating trade row over emissions - Ghanamma.com","twitter_description":"Global airlines attacked the European Union on Sunday over its plan to force them into the bloc\u2019s emissions trading scheme, as the EU vowed to stand firm against threats of retaliation. Aviation chiefs spoke out against the EU move in Singapore at the start of a meeting in a glitzy casino resort, with some warning of the danger of a trade war and airlines from poorer nations saying they would pay a high price","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/"},"author":{"name":"","@id":""},"headline":"Airlines, EU in escalating trade row over emissions","datePublished":"2011-06-06T23:00:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/"},"wordCount":633,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/","url":"https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/","name":"Airlines, EU in escalating trade row over emissions - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-06-06T23:00:50+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/06\/06\/airlines-eu-in-escalating-trade-row-over-emissions\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/437117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=437117"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/437117\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=437117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=437117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=437117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}