IACA Urges EU To Include Aviation in ETS

 - December 27, 2007, 11:13 AM

The International Air Carrier Association (IACA) last month called on European Union member states to include an open carbon trading system for aviation within the existing Emissions Trading Scheme (ETS) market. At the association’s annual general meeting in Brussels, IACA members asserted that the current design–drafted by the European Parliament–would damage the aviation sector beyond repair. “The European Parliament should realize that their design of the ETS for aviation, especially the closed trading system, is unsustainable,” said Sylviane Lust, director general of IACA. “We urge member states to correct this punitive design and to carry out an impact study... It is only by assessing the consequences of an ETS that we can achieve a scheme that is workable and affordable.”