EU Allowances

March 27, 2009 - 7:30am

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.

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.

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.