Dubai’s Emirates airline says EU emissions rules could cost it $1 billion over a decade - The Washington Post

Emirates airline says planned European Union emissions requirements could cost the carrier — the Mideast’s biggest — as much as $1 billion over a decade.

Andrew Parker, a senior vice president for the Dubai-based airline, said Monday the EU’s plan would have a “significant financial impact.” He says Europe accounts for nearly a quarter of the carrier’s operations.

EU requirements will eventually force airlines — including foreign carriers — to pay for their emissions as part of its cap-and-trade scheme. U.S. airlines took the EU to court over the proposal last month, arguing it breaches international law.

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