The EU is reportedly mulling expanding its emissions trading system to include flights departing the bloc, FT reports citing sources
Newsquawk Staff ·
The EU is reportedly mulling expanding its emissions trading system to include flights departing the bloc, FT reports citing sources.
What it means
The EU's consideration to expand its emissions trading system (ETS) to include flights could signify a shift towards stricter environmental regulations, impacting airlines and associated sectors. This move may lead to increased operational costs for airlines, potentially affecting ticket prices and demand. Keep an eye on travel-related stocks as market sentiment could react to this regulatory development.
Sources
- RN's Marine Le Pen would win the first round of the French election, Cluster 17 poll shows; Philippe and Melenchon would tie for 2nd place
- Romanian naval authority says crew evacuated from a commercial ship which caught fire in Romanian territorial waters; unclear whether ship was hit by drones, an investigation is pending
- Denmark Foreign Ministry says if US wishes to explore Greenlandic subsoil for oil, gas and minerals, this must take place within the framework of the relevant Greenlandic legislation
- RN's Le Pen says she believes that France is not in a position to finance Ukraine
- UK Chancellor Healey is reportedly making plans to cut the cost of hiring under-25-year-olds at the UK Budget, City AM reports citing sources
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