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).
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).
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.
The European Commission (EC) is set to approve a simplified process for so-called small emitters to calculate and report carbon dioxide (CO2) emissions from their aircraft as an alternative means of compliance with the new emissions trading scheme (ETS). The EC’s climate change committee has given its blessing to the new process and, following further scrutiny by the European Parliament, it is expected to be adopted by the EC this summer.
The European Commission’s latest list of operators subject to the emissions trading scheme (ETS) is still incomplete and inaccurate, according to companies that are trying to help operators comply with the new environmental requirement.
Aviation is not alone in its suffering at the hands of the emissions-trading scheme, and it should try to see its way through the frustration to some positive outcomes. This is the perspective of Sebastian Gallehr, whose Germany-based Gallehr Sustainable Risk Management company has been helping other industries with the complexities of ETS for more than seven years.
Many anxious aircraft operators scrambled to keep the August 31 deadline for registering for Europe’s new emissions trading scheme (ETS) amid widespread confusion about the exact timetable for the process through which it will be implemented.
The implementation of Europe’s emissions trading scheme (ETS) has begun amid widespread confusion on the part of the aircraft operators who stand subject to it and the government bodies responsible for running it. August 31 was supposed to have been the deadline by which operators had to register their plans for monitoring, reporting and verifying (MRV) carbon dioxide emissions from their fleet.
The administrative burden of complying with the confusing requirements of Europe’s emissions trading scheme (ETS) comes at a time when many operators are facing a severe downturn and revenue declines of as much as 30 to 40 percent.
Aircraft operators needing to register their plans for the monitoring, reporting and verification (MRV) of emissions data under Europe’s emissions trading scheme (ETS) are probably facing a revised deadline of around Nov. 8, 2009. The European Commission (EC) on August 22 officially published a long-awaited revised list of operators and the European Union (EU) member states to which they have been allocated for compliance purposes.