Carbon finance

April 16, 2007 - 6:54am

Within a decade, operators of aircraft with an mtow of 19,000 pounds or more and flying in the airspace of the 25-state European Union (EU) will likely have to start paying for carbon dioxide emissions from their engines.

March 7, 2007 - 9:05am

Massachusetts-based Executive Charter Services (ECS), in a joint program with an organization that promotes alternative energy, is giving its passengers an option it says helps offset the carbon dioxide emissions from corporate jets. Depending on the type of jet chartered, passengers can opt to pay an additional $20 to $42 per hour, on top of the hourly charter rate.

January 24, 2007 - 6:44am

The European Union’s new emissions trading requirements for aviation could be imposed on a much larger group of business aircraft than has been anticipated. According to the European Business Aviation Association (EBAA), the European Commission (EC) intends to extend emission trading to all aircraft weighing more than 5,700 kg (12,566 pounds).

November 29, 2006 - 5:32am

The European Commission (EC) definitely wants to include aviation in the European Union’s Emission Trading Scheme (ETS) to cap the industry’s not-so-minor contribution to greenhouse effect gas emissions.

October 23, 2006 - 10:43am

With fuel prices in a steep ascent, do airlines need further inducements from regulators to burn less jet-A? No, says the European Regions Airline Association in response to proposals to extend emissions trading to the air transport industry.

October 11, 2006 - 4:55am

The UK intends to push for emissions trading for aviation when it heads the European Union for six months, beginning July 1. The UK told an EBACE audience in Geneva last month that the aviation community, including business aviation, must own up to its responsibilities. Operators flying older aircraft with higher emissions might need to buy emissions credits from those with more efficient aircraft.

September 29, 2006 - 10:31am

Within a decade, aircraft operators flying in the airspace of the 25-state European Union (EU) will likely have to start paying for carbon dioxide (CO2) emissions from their engines.

September 12, 2006 - 8:39am

Executive charter broker Flightplan has started making voluntary payments to offset the environmental impact of flights it books on behalf of clients.

December 31, 1969 - 2:28pm

The House of Representatives passed a bill yesterday that would prohibit U.S.-based aircraft operators from participating in the European Union Emissions Trading Scheme (EU-ETS). The House previously approved a similar bill last year. The new House measure, “The European Union Emissions Trading Scheme Prohibition Act,” was based on a bill sponsored in the Senate by Senators John Thune (R-S.D.) and Claire McCaskill (D-Mo.). The bill now awaits President Obama’s signature.

 
X