An article entitled "Europe May East Jet Carbon Fees" appeared in the New York Times two days ago. This is a very interesting article because it discusses how the United States Airlines could be exempt from European carbon regulations if they reduce their greenhouse gas emissions back home. According to this new law, European airlines would be charged only fifteen percent of the cost of permits needed to cover their emissions until the end of the decade. However to comply with this law is going to cost the industry approximately at least 2.4 billion or euros or about 3.3. billion dollars (www.nytimes.com).
While this new law will have a significant impact for sure on the European energy industry, it may not have a huge impact on the United States' energy industry if they do indeed become exempt from this law. However, in order for the United States to be exempt, they must decrease greenhouse gas emissions back home. This will be costly for the United States' government and it also may have several impacts on the energy industry. For example, it will increase the consumption of alternative energy, such as wind power, solar power, and hydroelectric energy. It will also result in a decrease in consumption of polluting non renewable types of energy, such as oil and coal, since these types of energy will not help to reduce greenhouse gas emissions.
Personally, I believe the United States should try to reduce greenhouse gas emissions. Not only will this benefit the country in that they will be exempt from airline carbon regulations, but also because reducing greenhouse gas emissions is important to the environment. By reducing the about of greenhouse gas emissions, the United States is winning in that it is improving the environment and also getting exempt from these new regulations.
Personally, I believe the United States should try to reduce greenhouse gas emissions. Not only will this benefit the country in that they will be exempt from airline carbon regulations, but also because reducing greenhouse gas emissions is important to the environment. By reducing the about of greenhouse gas emissions, the United States is winning in that it is improving the environment and also getting exempt from these new regulations.
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ReplyDeletePersonally, I hate the airline industry because it's so expensive to go everywhere, but I also feel like this will increase the fare that we as consumers have to pay! I can't wait to see the uproar that this is going to bring to them if they don't succeed in lowering carbon emission; looks like people can't go to Europe anymore without expecting to spend more money.
ReplyDeleteAmy Yu