EU Agrees Law to Make Airlines Pay More for Carbon Dioxide Emissions

EU Agrees Law to Make Airlines Pay More for Carbon Dioxide Emissions
A plane during sunrise at the international airport in Munich on Jan. 9, 2018. Michaela Rehle/Reuters
Reuters
Updated:

BRUSSELS—The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit carbon dioxide.

Airlines running flights within Europe currently have to submit permits from the EU’s carbon market to cover their carbon dioxide emissions, but the EU gives them most of those permits for free.