Tensions are continuing to escalate between the European Union and countries around the globe as the EU maintains its implementation of the Emissions Trading Scheme (EU ETS), which went into effect for airlines on January 1 of this year.
U.S. airlines, however, along with their counterparts in nations such as China and Russia, have balked at being forced to pay millions of dollars in fees based on how many tons of carbon dioxide their aircraft emit and have threatened to retaliate.
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