Airline Lobbyists Warn That EU Emissions Plan Would Devastate Profit

Raising the stakes in a landmark battle over tackling climate change, the airline industry's main lobbying group said Tuesday that plans by the European Union to cap aircraft emissions would cancel out the profits of European carriers, and it sought to...

Air transport currently represents about 2 percent of global carbon dioxide emissions, and that figure should rise to about 3 percent by 2050. Cars represent a far larger problem, creating about 18 percent of carbon emissions worldwide. But the EU and environmentalists say that aircraft flying in the skies release more harmful pollutants than cars.

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