IATA slams European move on green tax

Dubai: The International Air Transport Association (IATA), an industry group representing 230 airlines, on Wednesday said that uncoordinated green policies have "hijacked good sense" in Europe and called on governments to abandon punitive environment taxes. IATA said European governments should instead support global environment solutions that will actually reduce aviation's two per cent of global carbon emissions. About the European Union's Emissions Trading Scheme (ETS) for the aviation sector, the group said the regional bloc's "unilateral approach is wrong". "Instead of cleaning up the environment, this will create an international legal mess. States outside Europe are already threatening legal action. Why should a US carrier have to pay Europe for emissions over US territory? Going global is the only way to success,"... [read full story]