Airline Emission Trading

The World's 18 Aug, 2006 technology podcast discusses a proposed airline emissions trading program.

I seem to recall the statement that airline emissions are the fasting growing carbon emissions in Europe. So the EU may institute a trading program to reduce them.

The view is shared by a number of airlines which accept that their current exemption from tax on aviation fuel is not tenable in the long term. Many operators are alarmed at plans to slap a levy on tickets to generate funds for areas not related to aviation, such as development aid. Moreover some airlines see an advantage in the fact that it will take at least two or three years to get the measure through the EU legislative procedure.