Air Transport World

Congress caps its own emissions.(Waypoints)

US airlines, which are being strangled by the rapid run-up in fuel prices this year, are breathing just a tiny bit easier now following the withdrawal of the Lieberman-Warner Climate Security Act, which died in the US Senate last month.

Introduced by Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.), the proposed law--the first of its kind in the US--would have addressed the issue of climate change by establishing hard carbon caps for vast swaths of the US economy beginning in 2012. Those caps would decline each year, with most industries required either to reduce their greenhouse gas emissions accordingly or to purchase additional carbon allowances from other industries that had a surplus. …

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