Carbon finance

April 19, 2011 - 10:45am

Aircraft operators assigned to the UK for compliance with the European Union emissions trading scheme (EU-ETS) are already facing additional “subsistence” (read administrative) costs, even before the requirement to pay for carbon emissions begins in January. Unlike most EU states, the UK government is requiring its Environment Agency to recover these administrative costs in full and directly from operators.

April 1, 2011 - 7:10am

It is astonishing to many operators outside Europe, but under the European Union’s emissions trading scheme they are accountable for their engines’ carbon dioxide emissions from the minute they take off for a flight to or from Europe–even for miles flown outside European airspace. So, a flight taking off from Paris, Texas, to fly to Paris, France, will “pay” for its emissions right across the Atlantic.

April 1, 2011 - 7:05am

Hundreds of aircraft operators in Europe and around the world were scrambling last month to meet the March 31 deadline to complete the requirements for monitoring, reporting and verification of 2010 engine emissions under the European Union’s emissions trading scheme (ETS).

March 29, 2011 - 8:14am

Hundreds of aircraft operators in Europe and around the world are scrambling to meet this Thursday’s deadline to complete the requirements for monitoring, reporting and verification of 2010 engine emissions under the European Union’s emissions trading scheme (ETS).

March 11, 2011 - 9:30am
The number of aviation allowances the EC would create next year amounts to 21...

The European Commission has at last decided on the basis under which it will calculate the number of aviation allowances under the EU Emission Trading Scheme (EU-ETS) starting January 1.

February 1, 2011 - 11:15am

Colt International is now offering a “turnkey solution” for flight departments that must comply with the European Union emissions trading scheme (EU-ETS). The aviation fuel, flight support and insurance provider said its new Emission Reporting Program will ensure that operators comply with the March 31 deadline to submit verified 2010 emissions data.

January 31, 2011 - 7:40am

Operators failing to comply with their obligations under Europe’s emissions trading scheme (ETS) could be banned from taking off and landing at European airports. The measure is included in a draft regulation being prepared by the European Commission, which appears to be concerned that the threat of fines alone will not induce full compliance with the cap-and-trade program.

January 31, 2011 - 7:40am

Universal Weather & Aviation has unveiled an online portal aimed at making it easier for aircraft operators to prepare carbon emission reports for Europe’s emissions trading system.

January 28, 2011 - 3:00am

Although there is a nominal deadline of Jan. 1, 2012 for implementing the European Union’s emissions trading scheme, NBAA has stressed that the EU has not issued a final statement about whether that timetable will hold.

With the fate of ETS very much up in the air, the association is telling its members who fly into EU countries to be aware of the pending plan and provide information to the proper authorities when it is requested.

January 20, 2011 - 10:52am

Universal Weather & Aviation has unveiled an online portal aimed at making it easier for aircraft operators to prepare carbon emission reports for Europeπs emissions trading system.

 
X