A last-minute revision to legislation passed by the U.S. House of Representatives on Friday removed a requirement to set new greenhouse gas (GHG) emission standards for aircraft, potentially saving the U.S. commercial and business aviation industry billions of dollars between now and 2050. H.R.2454 would have called for business aviation’s carbon dioxide (CO2) emissions to be cut by one third as early as 2012 and by 90 percent by 2050.
Portugal-based private air services start-up Jet Republic joined Bombardier Aerospace’s carbon offset program for its initial fleet of 25 Learjet 60XRs, set to be delivered over the next two years, starting in October. Jet Republic could eventually take delivery of up to 110 Learjet 60XRs if it exercises all its options.
With Europe set to begin cap-and-trade of aviation emissions in 2012, and Congress working on legislation that would cap the greenhouse gases that have been linked to global warming, Conklin & de Decker cofounder and president Bill de Decker is sounding the alarm for just how seriously the plans could affect business aviation.
New private jet fractional ownership partner Jet Republic yesterday joined Bombardier Aerospace’s Offset Program for its initial fleet of 25 Learjet 60XRs that are set to be delivered over the next two years, starting in October. Jet Republic could eventually take delivery of up to 110 Learjet 60XRs if it exercises all of its options.
There is little doubt that Europe has forced the global debate on emissions trading in aviation, but over the past year several other proposals have emerged that could cast doubt on the long-term viability of Europe’s fledgling project. Tim Johnson, director of the Aviation Environment Federation (AEF), told lawyers gathered for the third annual Euromoney Air Law conference on May 29 that alternative schemes could yet come to the fore.
Within 6 Months
Conklin & de Decker cofounder and president Bill de Decker is warning that the proposed cap-and-trade legislation intended to reduce CO2 emissions could have serious effects on the business aviation industry, and as early as 2012. Under proposed H.R.2454, the goal is to reduce CO2 emissions to 17 percent of 2005 levels by 2050, with intermediate goals of 97 percent in 2012, 80 percent in 2020 and 58 percent in 2030.
With the House Energy and Commerce Committee mulling its 900-plus-page climate change bill, the Helicopter Association International is warning operators that they could ultimately find themselves facing a stiff carbon tax.
The European Business Aviation Association (EBAA) is promoting Eurocontrol’s Pagoda as the best tool for business aviation operators to meet the monitoring process for emissions trading scheme requirements. Pagoda is a Eurocontrol-developed program that estimates fuel burn and greenhouse gas emissions directly from traffic data for
These are the hardest times the global business aviation community has ever faced, the industry was told by its leadership at yesterday’s opening general session of the EBACE show. Just as companies struggle to stay afloat in the treacherous undercurrents whipped up by a financial crisis of historic proportions, they are having to avoid being dragged down by the unwelcome weight of a new wave of regulatory requirements.