The European Union will freeze for a year its rule that all airlines must pay for their carbon emissions for flights into and out of EU airports, the EU executive said, following threats of international retaliation.
Flights by all airlines within the European Union will still have to pay for their carbon emissions under existing rules. The year-long exemption will apply to flights linking EU airports to countries outside of the bloc.
The United States, China and India have put intense pressure on the European Union. Debate in the U.S. Congress is set to resume this week on legislation to counter the EU rules.
Climate Commissioner Connie Hedegaard said she had agreed "to stop the clock" to create a positive atmosphere for international talks on an alternative global plan to tackle airline emissions.
"But let me be very clear: if this exercise does not deliver - and I hope it does - then needless to say we are back to where we are today with the EU ETS. Automatically."
EU member states still have to formally endorse the Commission's proposed freeze. Hedegaard said she had informed representatives of all 27 member states of the Commission's plan but could not specify how long the EU approval process might take.
For the complete article, please see Reuters.
President Xi Jinping’s announcement of a post-2030 climate target aligns with global projections for what’s needed to achieve the Paris Agreement goals.
Japan will join the EU in aiming for net-zero emissions by 2050, Prime Minister Yoshihide Suga announced on Monday (26 October).
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