Blog

20
Oct

Russia proposes airport slots as CO2 reduction incentive

Russian airlines are protesting the European Union’s decision to include aviation in its emissions trading scheme, which is designed to reduce carbon emissions. Russian officials want the EU to allocate high-value airport slots to environmentally friendly airlines, but critics say that proposal won’t work. Aeroflot, Russia’s largest carrier, estimates that the scheme could cost the airline nearly $14 million a year