Flying may become more expensive: European Parliament wants to get rid of free emission rights in the sector from 2025
Airlines for Europe (A4E), an umbrella organization for European airlines, is “extremely concerned”. “In 2019, airlines spent 950 million euros on compliance with the ETS system. At the current carbon price of 80 euros per tonne, purchasing allowances for 100 percent of emissions in 2019 would amount to a cost of 5.2 billion euros .” … Read more