The European Union (EU) plans to issue a new list of operators who are subject to its emissions trading scheme (ETS) in a bid to dispel the confusion caused by last August’s publication of an initial list that contained inaccurate and baffling information.
The European Commission has published a new provisional list of operators who are required to submit plans for monitoring, reporting and verifying carbon emissions under the European Union emissions trading scheme (EU-ETS). The list is intended to give operators extra time to prepare and file plans ahead of the planned publication of a full updated list in February.
NetJets Europe is on track to become completely carbon neutral by October 2012, according to the fractional’s first environmental progress report, issued on November 9.
The Lisbon-based company, which has been busy adapting to reduced demand, has stepped up wide-ranging efforts to improve efficiency and counter its negative environmental effects, and the negative views many have of business jets.
NetJets Europe yesterday released its first environmental progress report, in which it claims to be on track to become completely carbon-neutral by October 2012. The Lisbon-based fractional provider said it has stepped up wide-ranging efforts to improve efficiency and counter its negative environmental effects, as well as the less than positive views many have toward use of business jets.
A climate bill introduced in the Senate by Sens. John Kerry (D-Mass.) and Barbara Boxer (D-Calif.) differs from a similar bill narrowly passed by the House of Representatives in June in that it would require the Environmental Protection Agency (EPA) administrator to set greenhouse gas emission standards for new aircraft and new aircraft engines.
Like it or not, and regardless of where they are based, many business aircraft operators who fly into European airspace will be required to account for the carbon they emit and ensure that they have bought enough carbon credits to cover this output when Europe’s emissions trading scheme (ETS) is fully up and running in January 2012.
It’s been a tough year for the European business aviation community. Like its U.S. counterpart, the industry took a hit as a result of the economic downturn, leading to a loss of business in all sectors. In addition, new rules and regulations have many in the industry on edge.
When an upstart airline like Virgin America starts using its environmental footprint as a selling point to consumers, it’s time for the legacy carriers–and everyone else who flies aircraft for a living–to sit up and take notice. Yes, Virgin America competitors: green sells. And green saves, too. There’s no longer any doubt that green is good for the corporate bottom line. It doesn’t take a Ph.D.
Aviation is not alone in its suffering at the hands of the emissions-trading scheme, and it should try to see its way through the frustration to some positive outcomes. This is the perspective of Sebastian Gallehr, whose Germany-based Gallehr Sustainable Risk Management company has been helping other industries with the complexities of ETS for more than seven years.
The bureaucratic torpor and confusion that has mired the initial registration process for the introduction of Europe’s new emissions-trading scheme (ETS) has brought the cap-and-trade approach to reducing aviation’s carbon footprint into disrepute, according to the European Business Aviation Association (EBAA).