Tourism will face toughening environmental rules emanating from the US whoever wins the race for the White House, a leading analyst has warned.
Deutsche bank chief economist Norbert Walter told the World Travel and Tourism Council summit in Dubai: “The US will be a different country in its perception of
The current US administration has refused to agree action on global warming and threatened a legal challenge to European Commission plans to include US airlines in emissions trading from 2012.
But the election in November will see a new president take office in the New Year.
Walter told the WTTC: “The US will then set standards that have implications for tourism. Carbon trading will become important and emissions will be an important component of costs.”
He added: “Climate change won’t go way and will change the world long-term.”
Walter also warned: “The US will probably recover from recession, but not as fast as many analysts believe.”