BUSINESS
03/28/2008 05:12 am ET | Updated May 25, 2011

US Airlines Told To Go Green Or Lose Flights To EU

US airlines must pay for their carbon dioxide emissions or face a curb on flights to the European Union, the EU transport commissioner warned yesterday.

The green ultimatum was issued by Jacques Barrot as the transatlantic airline market undergoes its biggest shakeup in 30 years when limits on flights between the EU and US are lifted this month. Barrot said negotiations on a second phase for the treaty will include a demand that US carriers join the EU emissions trading scheme or an equivalent system in the US.

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