Higher airline prices loom under EU emissions scheme

BRUSSELS: Travellers could see a new charge on their tickets to fly between Europe and North America after the European Union begins forcing airlines to buy carbon emission permits next year. The EU admitted on Monday, as it unveiled rules governing the system, that the scheme could prompt airlines to add between four and 24 euros ($32) to the price of a two-way transatlantic flight. The EU is pressing ahead with the system despite a court challenge by the US airline industry, which says that it… (www.channelnewsasia.com) More...