More freighters in the fleet will position One Air for charter growth
One Air is planning a mix of B747 and B777 freighters to meet demand for ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
News that Volga-Dnepr Airlines received free credits under the UK’s emissions trading scheme a day after Russia launched its full-scale invasion of Ukraine has bought the ETS under the spotlight.
Volga-Dnepr gained 8,700 free credits on 25 February 2022, thus avoiding a £690,000 bill, according to OpenDemocracy.
Under the ETS, companies must buy a permit, which can be traded in the open market, for each tonne of carbon they emit. But one UK MP asked: “Does the ability to trade these items aid reduction of CO2, or just help companies on the government handout list?”
Another said: “Not one penny of UK taxpayers’ money should be subsidising the fossil-fuelled interests of foreign dictators – the Emissions Trading Scheme’s free pollution permits need urgently investigating.”
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