EU Pollution Law Opportunity for Israeli Cleantech
The new EU Phase III Emissions Trading Scheme (ETS) for green jet fuel seeks to reduce greenhouse gas emissions by planes operating in member states. The regulations will likely spur a large market for jet fuel made from algae.
The regulations will come into effect in 2013. Airlines that land in EU member states will be required to reduce their carbon dioxide emissions by 15% a year, or else pay a fine for air pollution.
Source: Globes
