Proposed US emission-trading legislation could leave its airlines with a crippling $9 billion annual bill in carbon costs in just over a decade.
Speaking at the recent Aviation & Environmental Summit in Geneva, Air Transport Association vice-president environmental affairs Nancy Young said that should the front-runner Lieberman-Warner Climate Security Act become law from 2012, the cap and trade proposals would be extremely expensive.
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Speaking at the recent Aviation & Environmental Summit in Geneva, Air Transport Association vice-president environmental affairs Nancy Young said that should the front-runner Lieberman-Warner Climate Security Act become law from 2012, the cap and trade proposals would be extremely expensive.
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