Carbon finance

March 27, 2009 - 7:30am
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Aircraft operators who will be subject to Europe’s new emissions trading scheme (ETS) beginning Jan. 1, 2012, need to start preparing now to be part of this complex process. Pre-compliance emissions monitoring will be conducted for flights starting in 2010 and 2011, and to be part of this, operators need to submit a monitoring plan by August  and have it approved by year-end.

December 3, 2008 - 9:58am

The Aircraft Owners and Pilots Association (AOPA) has commented on a set of proposed regulations from the Environmental Protection Agency (EPA) that seek to regulate greenhouse gas emissions under the Clean Air Act, specifically targeting emissions by general aviation aircraft.

October 27, 2008 - 11:21am

Flexjet, Bombardier’s fractional ownership subsidiary, has launched a carbon-offset program for its fractional owners. The company has selected Climate Care, a leading offset provider and division of J.P. Morgan’s environment markets group, as a partner in the new initiative.

October 8, 2008 - 6:41am

Worried that some small operators have not considered the ramifications of the European Union emissions-trading scheme (ETS), the European Regions Airline Association is moving to raise awareness. As the industry prepares for integration of air transport into the ETS in 2012, airlines have only until next June to claim free carbon allowances.

October 8, 2008 - 6:36am

European Regions Airline Association members face three “front-line” issues as they prepare for their annual general assembly in Manchester, England, this month: the environment, the so-called Single European Sky (SES) and safety regulation. Director-general Mike Ambrose concedes that the industry’s concerns haven’t changed much over the past year, but the scrutiny on these topics has become “more intense” since the last general assembly.

October 1, 2008 - 11:02am

The impact of the European Union’s plans to include aviation in its emission trading scheme (ETS)–a CO2 cap-and-trade system that has been in place since 2005 for ground-based facilities like coal-fired powerplants–is becoming clearer. The directive has yet to win approval, but a draft text adopted in July by the European Parliament already indicates that small operators will be exempt.

October 1, 2008 - 10:30am

“It’s not that easy being green,” sang Kermit the Frog in the first season of Sesame Street in 1970. Nearly four decades later, “being green” means something entirely different, but it still isn’t easy.

July 16, 2008 - 11:14am

IATA director general Giovanni Bisignani lambasted European governments for their alleged greediness for environmentally inefficient taxes here yesterday.

July 12, 2008 - 5:40am

The European Parliament on Tuesday voted on a detailed plan to include aviation in the EU’s emissions trading system (ETS), a carbon dioxide cap-and-trade system that has been in place since 2005 for ground-based facilities such as coal-fired power plants.
Final approval of the text in the EU lawmaking machinery is expected by year-end.

July 10, 2008 - 11:09am

The European Parliament on Tuesday voted on a detailed plan to include aviation in the EU’s emissions trading system (ETS), a carbon dioxide cap-and-trade system that has been in place since 2005 for ground-based facilities such as coal-fired power plants. Final approval of the text in the EU lawmaking machinery is expected by year-end.

 
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