Feisty exchanges over Aviation EU ETS as European Parliament votes to continue with ‘Stop the Clock’
The European Parliament today voted in favour of a compromise agreement brokered between Parliament rapporteurs and EU member states, represented by the European Council. The vote will see a resumption of the ‘Stop the Clock’ (STC) scope in which only intra-European Economic Area (EEA) flights will be covered by the Aviation EU ETS, rather than the proposal by the European Commission to also include emissions from international flights within EEA airspace. Despite the large majority in favour of the compromise – 458 for, 120 against and 24 abstentions – the vote was preceded by feisty exchanges between MEPs in a debate on the issue. STC will now run from 2013 until the end of 2016 and the agreement allows for a return to the original full scope of the scheme from 2017 should an agreement at ICAO to implement a global market-based mechanism from 2020 not be reached at its Assembly in 2016.
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