Sorry to go all Daily Mail on y'all, but you really couldn't make it up. The emissions trading scheme, the Government's preferred method of reducing aviation's contribution to climate change, is likely to generate up to £4 billion in windfall profits for the industry.

A report commissioned for the DfT and Defra into the effects of the ETS, reveals how the scheme will reward airlines with too many free credits, which will then be sold on by industry. The airlines are expected to use the spectre of the trading scheme to raise their own prices, charging customers for the emissions generated by their flight - despite recieving 96-97% of their current emissions in free credits.

A radical fringe of corporate citizens, including BAA, British Airways and easyJet, has threatened to disrupt the international talks on climate change in Bali.

The group calling themselves, Corporate Leaders Group on Climate Change (CLGCC) has ominously promised that it will 'hand deliver' the 'the Bali Communique' to the UN Secretary General Ban Ki-Moon, despite the high security measures surrounding him. The communique demands that emission reduction targets should be guided primarily by science rather than political or economic motivations - a radical departure from the current position of growth at all costs.