The EU stands firm as Airbus (EADSY.PK) increases pressure to peel back the legislation that...

|About: Airbus SE ADR (EADSY)|By:, SA News Editor

The EU stands firm as Airbus (EADSY.PK) increases pressure to peel back the legislation that requires compliance with an emissions trading scheme for carriers in Europe after China held back orders from the carrier earlier this week. The U.S., China, and Russia also oppose the inclusion of aviation into Europe's efforts to reduce carbons emissions.