EU states get their way as deal struck with Parliament negotiators to continue with 'Stop the Clock'
Negotiators from the three European institutions - the Parliament, Commission and the Council - have reached an agreement that is likely to see an extension to 2016 of the one-year ‘Stop the Clock’ (STC) suspension of the full scope of the Aviation EU ETS. The Commission, backed by members of the Parliament’s environment committee (ENVI), supported an airspace approach that would have seen all airlines flying to and from Europe covered by the EU ETS for the portion of flights taking place in EEA airspace. However, worried about international repercussions, a majority of EU member states - led by France, Germany and the UK - have won their fight for a continuation of STC without appearing to have made any meaningful concessions beyond a commitment to return to the full scope from 2017 if no binding agreement is reached on a global market-based measure at ICAO.
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