IATA said that it’s “deeply frustrated” by the proposed extension of the European Emissions Trading Scheme (EU ETS) beyond Europe’s borders — an approach, the association said “was discredited over a decade ago.”
In its statement, IATA’s Director General Willie Walsh said that: “The EU is repeating a historic error. The consequences will be harmful — sowing acrimony over extraterritoriality, slowing global decarbonization, and sapping European competitiveness — with European travellers and businesses paying the price.
The global airline industry association’s boss continued: “Instead of expanding the EU ETS beyond Europe’s borders, the EU should focus on making CORSIA — the agreed global mechanism — even more successful.”
He also argued that increasing SAF allowances and enabling a book-and-claim system for SAF could be promising steps, but the details are critical to success.
And Walsh concluded: “We will engage with European policy makers towards a more effective approach with no extraterritoriality, full support for CORSIA, and effective SAF incentives,” said Willie Walsh, IATA’s Director General.
Go to www.iata.org for more.
