It will take an adjustment to the EU's carbon trading system, the Emission Trading Scheme (ETS), for Europe's airlines to remain covered, a change now recommended by the EU Commission, according to a press release from the Commision.
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European lawmakers demand action to rein in gas prices, and the EU Commission has drafted a plan. However, gas prices constitute tricky puzzle: No matter how it’s approached, Europe faces an energy shortage in the next six months. The only way to help consumers is through aid, but this is a potentially costly and dangerous path, says analyst.