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AIRLINES MAY GET HIT WITH CO2 TAX

This ruling would be a big blow to national sovereignty!
Bloomberg

Airlines May Lose Battle Over EU’s CO2 Caps at Top Court
October 06, 2011, 9:02 AM EDT

By Stephanie Bodoni

(Updates with comment from EU, aviation groups starting in seventh paragraph.)

Oct. 6 (Bloomberg) — International airlines should lose a challenge to the European Union’s planned expansion of its carbon cap-and-trade system beyond the bloc’s borders, an adviser to the region’s top court said.

“The inclusion of international aviation in the EU emissions trading scheme is compatible with international law,” Advocate General Juliane Kokott of the EU … Continue Reading