EU carbon fees: US bill to shield airlines

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EU carbon fees: US bill to shield airlines. (Reuters) EU carbon fees: US bill to shield airlines. (Reuters)
SummaryEuropean Union law would force Airlines to pay for their carbon emissions.

Commerce Committee, called the bill counterproductive on the House floor.

Rather than doing something constructive to address global warming, we are going to start a trade war with the Europeans, he said.

Waxman authored a bill that would have created an economy-wide carbon cap-and-trade program that passed the House in 2009, but failed to win support in the Senate.

Waxman warned that the bill would interfere with efforts under ICAO to broker an international agreement by next autumn.

Isaac Valero-Ladron, a spokesman for the European Commission, said the United States needs to prove it is serious about contributing to a global solution to address rising emissions from the aviation sector.

Opponents of the inclusion of our legislation have always said that a global solution under ICAO is the way to go. The EU has done its part. Now it's up to the U.S. to show that they are serious about pushing for a global solution, he said.

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