Ryanair yesterday announced it would become the first airline to highlight the cost of compliance with the EU's emissions trading scheme (ETS) by introducing a €0.25 per passenger levy on all bookings made from next Tuesday. The company predicted purchasing EU carbon allowances to cover its greenhouse gas emissions will cost between €15m and €20m this year and as a result argues that the new levy is necessary to cover the cost of what it describes as "the EU's new eco-looney tax".
Ryanair's Stephen McNamara reiterated the company's opposition to aviation's inclusion in the EU ETS, which came into effect from the start of the year.
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