"Senate Panel Passes Bill To Block EU Airline Law"

"A Senate committee passed a bill on Tuesday authorizing the transportation secretary to bar U.S. airlines from complying with a European Union law that would require them to pay for carbon emissions on flights to and from Europe."

"The measure approved by the Senate Commerce Committee will be sent to the full Senate for a vote.

The 19-member panel voted to approve an updated version of a bipartisan bill authored by Republican Senator John Thune and Democratic Senator Claire McCaskill."

Valerie Volcovici reports for Reuters August 31, 2012.

Source: Reuters, 08/01/2012