China bans its airlines to take part in the European Emission Trading Scheme and also forbids its airlines to raise prices to cover the carbon tax. Perhaps the European Commission expected China, or at least Hong Kong, to come up with its own Emission Trading Scheme. In this way it could avoid paying Europe for pollution caused even before entering European airspace.
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Bailouts, sky-high borrowing rates and a pressurized Euro dominate the news from Europe. But the financial crisis does not seem to slow down the Emission Trading Scheme. Whilst the news has shifted to report only on international trade from and to Europe there are lots of developments that require a close watch by the logistics industry, especially for Hong Kong where the logistics sector is so important. In 2012 the international aviation industry faces paying for emissions outside of their yearly set allowances based on the 2004-2006 benchmark years when flying to Europe. The international airlines have stepped up to fight the new regulation together with new players in the growing aviation market.
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The implementation 
of
 a 
corporate 
Environmental 
program
 has 
become
 an 
increasing 
necessity
but 
is 
still
 seen
 as 
costly
 by 
many.
Turnkey
 Group 
adds
 a
 new
 environmental
 savings
 aspect 
to
 the
CSR 
list 
that
 outlasts 
any
 economic
 crisis.
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Ship builders have to increase the energy efficiency of ships according to the new regulations set by the International Maritime Organisation. The new regulations, expected to come into force on January 1, 2013 set an energy efficiency target of 10% for newly built ships and works towards an efficiency increase of 30% by 2024.
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