At the sidelines of implementing the EU ETS: objections to "validity"

As the European Union's Emissions Trading Scheme (EU ETS) nears the final stages of implementation across Member States, it earns greater global recognition. An investigation into the ethos and status of the EU ETS raises interesting spaces to lead a sideline discussion on actual and likely objections by industries which emit greenhouse gases. It would appear that although the EU ETS is a model clean development mechanism under the Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCC), there is reason to question its validity, at least following the recent inclusion of airlines in the EU ETS and with particular respect for its relationship to the Chicago Convention.