emissions trading

March 3, 2012 - 4:05am
Global 5000

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.

February 28, 2012 - 2:43pm

Sometimes the simplest solution is the best, but good luck getting politicians on board when the subject involves the emissions trading scheme (ETS), which was implemented by the European Union on January 1.

February 14, 2012 - 3:45pm

A U.S. Part 91 corporate flight department flying a Gulfstream G450 could pay nearly $35,000 annually to comply with the European Union Emission Trading Scheme (EU-ETS), according to a preliminary report released exclusively to AIN by UK-based EU-ETS consultants SustainAvia.

February 14, 2012 - 1:45pm

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).

February 14, 2012 - 6:15am
China Airlines Airbus A330-300

Asian air transport industry leaders yesterday signaled European Commission vice president Siim Kallas that they will step up their war against the European Union’s emissions trading scheme (ETS). But Kallas held firm, telling the Singapore Airshow’s Aviation Leadership Summit that while the EU is willing to negotiate over how ETS applies to airlines outside Europe, it will do so only on its own terms and is in no hurry to give ground.

February 5, 2012 - 12:40am

The European Business Aviation Association (EBAA) has urged the European Commission (EC) to correct what it views as anti-competitive aspects of its controversial emissions trading scheme (ETS). Unlike NBAA in the U.S., which has joined calls for ETS to be abandoned altogether for non-European operators, the European group supports ETS “as part of a multi-pronged approach to mitigating the rise of carbon emissions,” but is calling on the EC to ensure “fair and equitable implementation.”

February 2, 2012 - 3:10pm

NBAA has applauded a strongly worded letter from two high-ranking U.S. government officials to European Union president Manuel Barroso, warning that Washington will take “appropriate action” if the EU continues demanding that aircraft registered in the U.S.

January 12, 2012 - 9:24pm
Lufthansa Airbus A320-200

Numerous U.S. and international airlines added fare surcharges to certain flights in the first half of January, apparently reacting to the European emissions trading scheme (ETS) that took effect on January 1.

January 4, 2012 - 12:45am

Even as the EU-ETS officially takes effect for air transport, it remains under fire politically and legally from almost every direction. The U.S., China, India, Russia and numerous other states have all made high-level protests against the cap-and-trade system–in some cases backing these up with thinly veiled threats of economic sanctions against the European Union, if it refuses to back down in its insistence on imposing ETS on operators from outside Europe.

January 4, 2012 - 12:40am

The European Union’s controversial emissions trading scheme (EU-ETS) officially takes effect beginning January 1 against a backdrop of ongoing political protests and legal challenges. But for business aircraft operators, the more immediate concern is to be ready to meet the next set of requirements for monitoring, reporting and verifying their carbon dioxide (CO2) emissions and preparing to start trading carbon credits.

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