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.
Operators flying in Europe can expect overall charges such as airspace and airport fees (including noise tariffs) to double when European Union Emissions Trading Scheme (EU-ETS) costs are added in for transatlantic flights. According to a preliminary report obtained last month by AIN from UK-based EU-ETS consultants SustainAvia, a U.S. Part 91 corporate flight department flying 15 round trips per year from New York JFK to Munich Airport in a Gulfstream G450 could pay nearly $35,000 annually in EU-ETS fees. That comes to more than $2,300 in extra costs per round trip to Europe.
Hawaiian Airlines received the first-ever aviation-based carbon credit this week. Known as Verified Carbon Units, the credits get issued under the requirements of the Verified Carbon Standard using a new methodology developed by Pratt & Whitney that provides a validated process for calculating CO2 savings using the company’s EcoPower engine wash.
Unless it is renegotiated and resolved, the European Union’s emissions trading scheme (ETS) may degenerate and lead to far-reaching damage to the traveling public and trade relations between countries, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA).
For Middle Eastern aircraft operators that make even a handful of short flights into European airspace, there's no escaping the countdown to the European Union's contentious emissions trading scheme (ETS). The carbon credits scheme goes into full effect just over a year from now on Jan.
With less than four months to go before the March 31 deadline for aircraft operators to submit independently verified emissions reports for the European Union Emissions Trading Scheme (EU-ETS), there is still widespread confusion as to how the verification process will work for many in the business aviation sector.
There is no silver bullet for reducing the effect of business aviation on the environment, most industry analysts agree, but the combination of new technology–such as engines and airframe components–improved ATC techniques and biofuels promises to dramatically reduce business aviation's carbon footprint.
Like it or not, and regardless of where they are based, many business aircraft operators who fly into European airspace will be required to account for the carbon they emit and ensure that they have bought enough carbon credits to cover this output when Europe’s emissions trading scheme (ETS) is fully up and running in January 2012.
When an upstart airline like Virgin America starts using its environmental footprint as a selling point to consumers, it’s time for the legacy carriers–and everyone else who flies aircraft for a living–to sit up and take notice. Yes, Virgin America competitors: green sells. And green saves, too. There’s no longer any doubt that green is good for the corporate bottom line. It doesn’t take a Ph.D.
The bureaucratic torpor and confusion that has mired the initial registration process for the introduction of Europe’s new emissions-trading scheme (ETS) has brought the cap-and-trade approach to reducing aviation’s carbon footprint into disrepute, according to the European Business Aviation Association (EBAA).
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