Here we go again! You may remember that, just before our summer break, I reminded Climate Change Commissioner Connie Hedegaard that if the Commission had treated the shipping industry like the airline industry in the Emission Trading Scheme (ETS), environmental revenues for Europe would have been increased…by billions of euro.

How many billions? According to a Commission report, issued earlier this year, the amount, if shipping and aviation were treated equally, could easily be &...

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