The owner of a new $4 million FBO due to open on the Isle of Man by the middle of this month is promising substantial savings for aircraft operators using it as a transit point in and out of the European Union (EU). Private Jet Company (PJC) claims it can provide savings of up to 60 percent from reduced exposure to the cost of the EU emissions trading scheme (see box). The British Crown Dependency is outside the EU so its operators can also avoid value-added tax (typically around 20 percent in Europe) on aircraft importation, as well as on fuel and services such as handling.
Commodities trading specialist CF Partners is offering what it says will be an easy way for aircraft operators to buy and sell carbon credits as part of their obligations under the European Union’s emissions trading scheme (ETS). The service has been launched in partnership with ETS Aviation, which already helps operators with the carbon emissions monitoring, reporting and verification aspects of ETS compliance, with its Aviation Footprinter and Support Services products.
Universal Weather & Aviation has expanded its European emissions trading scheme (EU-ETS) portal to provide better access for operators looking to purchase carbon credits. “For business aviation operators, Phase III of EU-ETS will be the first time they’ve been required to participate in the carbon market,” said Adam Hartley, Universal’s supervisor of global regulatory services. To minimize confusion on the part of customers, the company has selected CFP Energy to serve as a carbon brokerage, and extended its 24/7 support and assistance with ETS monitoring and reporting requirements.
Whether you call it a user fee or a tax, the White House proposal to levy a $100 charge each and every time a turbine-powered, fixed-wing aircraft departs an airport is not sitting well with business aviation. “Technically, it’s a tax–by definition,” said NBAA president and CEO Ed Bolen. And he pointed out that the industry has been fighting user fees on an almost day-to-day basis for most of the past half decade.
A refreshing perspective on the European Union’s Emissions Trading Scheme went largely unnoticed last week, when organizers of a conference call to discuss a new study commissioned by the German Marshall Fund of the United States canceled the event due to a lack of registrants.
U.S. airlines and their Congressional allies have based their opposition to the European Union’s emissions trading scheme largely on the bogus contention that it amounts to an infringement of national sovereignty, according to a policy brief commissioned by the German Marshall Fund of the United States and produced by Washington, D.C.-based consultancy Climate Advisors. The new report, published on October 11, argues that international aviation rules generally allow nations to regulate flights in and out of their territories, as long as they don’t discriminate against foreign carriers.
Several aviation groups, including NBAA and Airlines for America, applauded the Senate’s passage of legislation in the early hours on Saturday that prohibits operators of U.S. aircraft from participating in the European Union Emissions Trading Scheme (EU-ETS), which would require them to buy carbon credits to cover aviation carbon dioxide emissions. The Senate bill, S.1956, the “European Union Emissions Trading Scheme Prohibition Act,” directs the transportation secretary to prevent all U.S.
Nineteen U.S. aviation organizations–including NBAA, NATA, AOPA and GAMA–sent a joint letter to President Obama yesterday urging him to “challenge the inclusion of international aviation under the European Union Emissions Trading Scheme (EU-ETS) by initiating an Article 84 proceeding in the International Civil Aviation Organization (ICAO).” Invoking Article 84 allows the ICAO council to decide disputes that cannot be settled between member states.
The political momentum pushing for the European Union (EU) to abandon the unilateral imposition of its controversial emissions trading scheme (ETS) on non-European states increased last week, when four senior government ministers from France, Spain, Germany and the UK publicly called for the policy to be suspended or at least implemented more flexibly. The so-called “Airbus ministers,” representing the four partner nations in the Airbus consortium, made the announcement during a press conference at the ILA airshow in Berlin.
The long-simmering dispute over Europe’s emissions trading scheme (ETS) heated up after a U.S. Senate committee advanced legislation that would empower the secretary of transportation to prohibit American airlines from participating in the carbon cap-and-trade construct.