WASHINGTON (Reuters) – The Obama administration is laying the groundwork for possible retaliation in response to a European law requiring airlines to pay for carbon emissions. Discussions between key agencies have ramped up recently, although there is no consensus yet on what, if anything, the U.S. government should do unilaterally or in concert with other [...]

Europe’s highest court this week gave its full backing to an EU law, meaning all airlines will have to pay to offset carbon emissions for flights in and out of Europe from January 1, drawing anger from the United States and China. China’s state-run Xinhua news agency warned of a trade war over the inclusion [...]

<!–enpproperty 2011-12-23 08:07:45.0EU law to impose carbon cost on all airlinesEU law to impose carbon cost on all airlines1161355Business2@cndy/enpproperty–>   International carriers, including those based in the United States and Asia, are protesting against the measure. Experts say the costs will likely be passed on to passengers. Jerome Favre / Bloomberg LUXEMBOURG / BRUSSELS, – [...]

EU court to rule on airline CO2 cap on Dec. 21: EU source DURBAN, South Africa (Reuters) – The European Union’s highest court is expected to give its final ruling on December 21 on a European law that would force all airlines to pay for their carbon emissions, an EU source said on Tuesday. The [...]