European Parliament backs deal reached with European Council to cap aircraft emissions from 2012

All airlines operating flights in to or out of the European Union will find themselves subject to the requirements of the European Union's emissions trading scheme (EU ETS) from 2012.

Further to reaching a provisional agreement with the European Council last month, the European Parliament has voted in favour of extending the scope of the EU ETS to the aviation industry.

Read Wragge & Co's in-depth analysis to find out more.