Sunday, May 30, 2010

Lufthansa seeks to delay financial strain of carbon trading

3/29: Berlin - "Europe's largest airline, Lufthansa, wants to delay the start of the introduction of emissions-trading rules for the industry because of the costs incurred after the Icelandic ash-cloud.

  • Lufthansa Chief Executive Wolfgang Mayrhuber told Die Welt newspaper in an interview to be published Sunday that the airline industry should not be expected to carry both costs alone....

The CEO said that the emissions trading scheme would cost airlines 30 to 40 million euros per year because they would be obliged to buy carbon certificates for flights above their allotted quota." monsters and critics via

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