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In February 2009, the EU Directive for the inclusion of international aviation into the EU emission trading with allowances for CO2 (EU-ETS) came into force. From 2012, virtually all flights landing and departing in the EU will be required to hold and surrender allowances. The initial allocation...
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International aviation is responsible for between 2.5% and 3% of anthropogenic carbon dioxide (CO2) emissions that are partly held responsible for climate change. International aviation is not subject to any regulatory framework for the limitation of these emissions. From an economic point of...
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