emissions trading and european aviation trucost sector report march 2004 the effects of incorporating into eu emission scheme uk carbon vs domestic including radiative forcing 0 20 40 60 80 100 120 140 160 180 200 1990 2000 2030 2050 million tonnes mtc all other source environmental audit committee companies in this air france alitalia austrian airways british easyjet finnair iberia klm lufthansa ryanair sas swissair virgin express plc pall mall london sw1y 5hp tel 44 7321 3833 fax 870 607 2210 email info com www analyst nicholas wright 3798 subject is likely effect that a dioxide ets would have on union thirteen been studied representing majority listed airlines within ÿ there an inherent growing conflict between unconstrained growth wider policy objectives to reduce overall level grandfathering where permits are allocated