Aviation plea to leaders over EU emissions tax

Source: BBC

11 March 2012 Last updated at 23:49 GMT

Aviation plea to leaders over EU emissions tax

Seven leading European aviation companies have written to political leaders complaining about a recently introduced EU carbon tax.

The signatories, which include Airbus, British Airways and Virgin Atlantic, argue that the pollution levy threatens jobs and trade.

They are concerned about trade-related retaliation by countries not complying with the Emissions Trading Scheme (ETS).

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In a draft of the letter seen by the BBC, the companies urge politicians to pursue a 'compromise solution... which will mitigate third-country concerns whilst protecting the environmental integrity of the EU Emissions Trading Scheme'.

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Read more: http://www.bbc.co.uk/news/business-17335616