Russia’s action against Finland’s national carrier, Finnair, significantly raises the stakes in the standoff between the European Union (EU) and opponents of its emissions trading scheme (ETS). The European Commission (EC) protested the move, saying that Russia is now in breach of its obligations as a new member of the World Trade Organization.
Carbon finance
July 3, 2012 - 5:20am
The UK Department of Energy and Climate Change has introduced a process that will allow small emitters to opt out of compliance with the emissions trading scheme, but this applies only to static installations (ground-based industries). The option, which applies to facilities generating less than 25,000 metric tons of carbon dioxide (CO2), is not being made available to the aviation sector.
June 18, 2012 - 12:50pm
Russia has raised the stakes in the increasingly bitter dispute over the European Union’s imposition of its controversial emissions trading scheme (ETS) by refusing to grant new overflight rights to Finnair and abandoning a commitment to allowing new rights to be issued free of charge.
June 14, 2012 - 3:25pm
At a European Union Emissions Trading Scheme (EU-ETS) session yesterday afternoon at the Canadian Business Aviation Association annual meeting, which started yesterday and concludes today in Toronto, EBAA CEO Fabio Gamba said he shares the audience’s frustration with the scheme’s many flaws. He readily acknowledged that the EU-ETS discriminates against business aviation and fails to encourage operators to reduce their carbon footprint.
June 7, 2012 - 5:40pm
Transportation Secretary Ray LaHood told a Senate panel yesterday that the Obama Administration has “not taken a position” on anti-ETS legislation working its way through Congress, but is actively studying the possibility of filing an Article 84 complaint with the International Civil Aviation Organization. Describing the European Union’s Emissions Trading Scheme (EU-ETS) as “precedent setting,” the former Republican congressman declared, “This is not the way to treat your friends.”
May 18, 2012 - 12:11pm
AIN journalists bring listeners up to date on three major issues. Liz Moscrop looks into illegal charters, James Wynbrandt tackles the EU’s impending emissions trading scheme, and Bill Carey researched the Single European Sky.
May 15, 2012 - 10:45pm
Frederico Curado, Embraer president and CEO, called on the aviation industry during a luncheon speech to The Wings Club on Tuesday at EBACE 2012 in Geneva to work collectively against environmental charges. He said the industry is making more efficient aircraft and “should send the message clearly that we’re not the bad guys here” when it comes to the environment.
May 15, 2012 - 4:40pm
While business aircraft operators tear their hair out trying to comply with the European Union’s controversial emissions trading scheme, the issue is threatening to escalate into a full-blown trade war. But an EBACE panel on ETS here in Geneva yesterday heard that the EU appears to have no intention in backing down, with the discussion underscoring the vast gulf between the aims of the carbon cap-and-trade policy and the realities of compliance.
May 14, 2012 - 7:50pm
Many business aviation operators could lose their livelihoods because of political tussles between the European Union (EU) and the rest of the world, especially over the EU emissions trading scheme (ETS). This was the clear message underpinning the opening general session of EBACE 2012 yesterday, when a panel of EU regulators joined Fabio Gamba, CEO of the European Business Aviation Association (EBAA), and Ed Bolen, president of the U.S.
May 14, 2012 - 1:35pm
EBAA CEO Fabio Gamba and NBAA president and CEO Ed Bolen gave a panel of European regulators an earful about the EU Emissions Trading Scheme this morning at the EBACE 2012 opening general session. The EU officials included Matthew Baldwin, the European Commission’s director for aviation and transport policy; Marian Jean Marinescu, a member of the European Parliament; and Salvatore Sciacchitano, executive secretary of the European Civil Aviation Conference.
