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EU ETS to Cost Airlines $1.5bn in 2012; BA Hit Hardest

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The cost for airlines of joining the European Union’s Emissions Trading Scheme in 2012 will be approximately €1.1 billion ($1.5 billion) using a carbon price of €12 per ton, or a total of €10.4 billion between now and the end of 2020, according to analysis by Thomson Reuters Point Carbon. The European Commission is expected […]

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