The Norwegian Group did not have to fulfil its European Union Emissions Trading System (EU ETS) obligations for 2020 and Norway’s government was wrong to fine the airline for not paying the climate quotas while undergoing restructuring during the pandemic, the Oslo District Court has ruled.
In a stock exchange filing, the airline said that the court had recognised Norwegian’s right to fulfil its EU ETS obligations for 2020 by “offering a dividend corresponding to the allowance obligations”. Furthermore, the court stated that it was…
Source: ch aviation
Read more: Oslo court sides with Norwegian in EU ETS obligations case