NEW DELHI, Feb 3: The European Union (EU) is willing to consider whether India’s efforts to reduce carbon emissions could qualify for waivers under an EU law that charges airlines for polluting, the 27-nation bloc’s climate chief said on Friday.
India, along with the United States, China and several other nations, has opposed the European Union Emissions Trading Scheme that stipulates all airlines using EU airports must pay a price for emitting planet-warming gases during a flight.
But the law also allows for equivalent measures to be taken into account without specifying what they could be. Some analysts say such steps would cover other ways of reducing emissions in the airline sector.
Number three in the list of top carbon polluters, India is betting big on two market-based trading schemes to encourage energy efficiency and the use of green power, touting them as decisive, voluntary action to fight emissions-induced climate change.—Reuters































