Spare a Thought for IATA

They emit very very little CO2 compared to everything else, they have set up a “4-pillar strategy to address climate change”, they have been hardly hit by gigantic fuel prices.

They have also been plagued for decades and decades by poor managerial and cost-control skills, resulting in a multitude of bankruptcies and often disappearance of once-thriving companies.

Still, that’s not enough for the miserabilists at the EU trying to force emission trading schemes on anything that moves. And so today, IATA, the International Air Transport Association, decided to pay for a full-page ad on the International Herald Tribune, detailing their perfectly mainstream ideas about climate change.

Much has been said about coercing evil Big Oil and Big Energy companies into emission trading schemes. Let’s see if airlines will be treated any better: one fears not, as the underlying goal is not so much actual emissions, rather the removal of whatever can provide fun