European Union seeks to regulate commercial aviation carbon emissions
November 1, 2011, 08:39 am
Officials in Europe and the United States are working to develop fair and effective regulations that will encourage the limitation of carbon emissions produced by major airliners, according to Reuters, but so far, the various groups involved have been unable to come to an agreement.
Recent European Union legislation, known as the European Union Emissions Trading Scheme, would require major airlines to purchase carbon "credits" from the government in order to fly in EU airspace. There has been some resistance to the law, however, both in the United States and from various aviation organizations, like the International Civil Aviation Organization, according to the source.
EU officials say that the regulations come as a response effort to combat global warming, but government representatives in other countries say imposing fees on foreign commercial aircraft in EU airspace is illegal. The source notes that the EU's law is likely just the beginning of a long debate among various nations.
Special laws and regulations apply to aviation because it is a unique form of travel. In the same sense, many pilots have to invest in aviation-specific financial products, like term life insurance for pilots. Many pilot groups and organizations offer pilot insurance policies at discounted rates.
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