Senate Virus Stimulus Deal Drops Airline Carbon Emissions Limits

Financial Post | Mar 25, 2020 at 4:26 PM
  • The bipartisan deal reached on the next coronavirus stimulus bill abandoned a last-ditch effort by House Speaker Nancy Pelosi (D-Calif.)
  • The House language stripped from the deal would have linked aid to airlines to a requirement that they halve their carbon emissions over the next 30 years and start offsetting those emissions in 2025.
  • Sen. Pat Toomey (R-Pa.), in conference call with reporters Wednesady, confirmed the airline climate provisions were stripped in final talks toward the deal.