- June 24, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
No Comments
Government generosity meant industry could pollute for free, and airlines were left with 0.9m excess permits they could keep or sell
The UK government gave airlines nearly a quarter of a billion pounds in free pollution permits in a single year, enough for the entire industry to dodge a carbon emissions cap and trade scheme entirely, according to new research.
In 2021, the UK Emissions Trading Scheme (UK ETS), which charges polluters per tonne of carbon emitted, handed airlines 4.4m free allowances, but the industry only surrendered 3.4m back. In effect, UK taxpayers covered the entire cost of aviation industry emissions, plus some to spare.