Carbon finance

December 6, 2010 - 12:22am

For Middle Eastern aircraft operators that make even a handful of short flights into European airspace, there's no escaping the countdown to the European Union's contentious emissions trading scheme (ETS). The carbon credits scheme goes into full effect just over a year from now on Jan.

November 29, 2010 - 10:42am

With less than four months to go before the March 31 deadline for aircraft operators to submit independently verified emissions reports for the European Union Emissions Trading Scheme (EU-ETS), there is still widespread confusion as to how the verification process will work for many in the business aviation sector.

October 22, 2010 - 7:19am
ICAO’s new environmental policy could pave the way for a global approach to r...

After years of hair-splitting debate and tactical vacillation, the International Civil Aviation Organization (ICAO) finally has agreed to what it characterized as the first global approach to reducing air transport’s effect on climate change.

October 18, 2010 - 8:08am

Cessna's GreenTrak flight planning software will allow operators to use cost indexing to minimize trip costs and the cost of the European Emissions Trading Scheme or any likely U.S. "cap and trade" emissions charge by balancing DOCs, fuel burn and carbon emissions.

October 14, 2010 - 12:24pm

At the close of its 37th Assembly last Friday, the International Civil Aviation Organization (ICAO) agreed to what it characterized as the first global approach to reducing air transport's impact on climate change.

October 13, 2010 - 5:41am

The ETS small emitters tool for calculating carbon dioxide (CO2) emissions is simple at first glance, consisting of no more than an Excel spreadsheet into which ­operators can insert data from flight plans filed with the Eurocontrol central flow management unit. The resulting calculations are based on stored data for fuel burn of listed aircraft types.

October 13, 2010 - 5:38am

If you make even a handful of short flights into European airspace, there’s no escaping the countdown to the European Union’s contentious emissions trading scheme (ETS). The cap-and-trade scheme goes into effect on Jan.

September 28, 2010 - 9:55am

Europe’s emissions trading scheme (ETS) is not much more than a year away, with a mandatory introduction date of January 1, 2012, for all operators making even the shortest flights into the continent’s airspace, and yet there is still widespread confusion about how key aspects of the system will work.

September 1, 2010 - 11:03am

Eurocontrol has released its so-called smaller emitters tool for calculating carbon dioxide (CO2) emissions for the purposes of compliance with Europe's emissions trading scheme (ETS) even though the agency has yet to complete formal negotiations with member state Ukraine, which has been holding out from approving the program since May.

August 27, 2010 - 7:45am
European airlines will soon need to start verifying their emissions levels to...

Airlines that will be subject to Europe’s new emissions trading scheme (ETS) beginning in January 2012 should start verifying their recorded emissions for 2010 as early as next month, according to ETS experts. Even though emissions reports covering 2010 do not need to be submitted to European Union member state authorities until the end of March 2011, this first-time verification process could prove tricky.

 
X