Carbon finance

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.

August 27, 2010 - 5:54am

Honeywell is offering a new emissions monitoring service for business jets operating in European airspace to assist in compliance with European Union emissions trading scheme (EU-ETS) requirements. Phoenix-based Honeywell will compile and store carbon emissions data based on flight plans, number of passengers and freight information for business jet operators.

August 27, 2010 - 4:23am

There is no silver bullet for reducing the effect of business aviation on the environment, most industry analysts agree, but the combination of new technology–such as engines and airframe components–improved ATC techniques and biofuels promises to dramatically reduce business aviation's carbon footprint.

August 2, 2010 - 6:49am

As the European Union emissions trading scheme (EU ETS) expands to cover aircraft flying into and out of the EU starting in 2012, airlines based all around the world stand to feel the effects. Of course, U.S. regional airlines don’t fly into Europe, and until recently few of them spent much time considering the prospect of taxes on their carbon emissions.

June 29, 2010 - 1:13pm

Eurocontrol’s ETS Support Facility has still not been definitively confirmed as an option for operators to meet their obligations to monitor, report and verify carbon dioxide (CO2) emissions under Europe’s emissions trading scheme (ETS).

June 26, 2010 - 5:51am

Smaller European airlines have been warned that inaccurate monitoring of aircraft emissions data could cost them €1 million ($1.23 million) over the first reporting cycle for the new emissions trading scheme (ETS), spanning 2012 to 2020.

June 15, 2010 - 12:48pm

Eurocontrol’s emissions trading scheme (ETS) support facility has still not been definitively confirmed as an option for operators to meet their obligations to monitor, report and verify carbon dioxide (CO2) emissions under the ETS.

May 26, 2010 - 7:02am

Eurocontrol appears to be close to finally approving the funding and development of its ETS Support Facility, which would give business aircraft operators a relatively cost-effective way of meeting their obligations to monitor, report and verify carbon dioxide (CO2) emissions under Europe’s emissions trading scheme (ETS).

May 25, 2010 - 11:49am

The National Air Transportation Association (NATA) is concerned with the “broad framework” of the American Power Act, a bill introduced earlier this month by Sens. John Kerry (D-Mass.), chairman of the Senate Committee on Foreign Relations, and Joseph Lieberman (I-Conn.), chairman of the Senate Committee on Homeland Security and Governmental Affairs.

 
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