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EU Airlines Face Emission Costs: Long-Haul Exemptions Persist

4/28/2025

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Story summary
  • European airlines are only required to pay for emissions on flights within the EEA, UK, and Switzerland.
  • Long-haul flights are currently exempt, leading to increased pollution.
  • Free allowances for airlines reduce their CO2 costs significantly.
  • Expanding carbon pricing could generate €7.5 billion in 2024, supporting green technologies such as sustainable aviation fuels and electric aircraft.