Significantly revised European Union carbon emission trading system rules (EU ETS) are being proposed as a multi-year, phased-in compliance schedule starting on Jan. 1, 2029. Business aircraft have largely been exempted from the EU ETS because they generally operate fewer flights or emit less than the emissions exclusion thresholds. According to the proposal, “To ensure that all aircraft operators contribute to climate action, it is therefore appropriate that the number of flights be no longer a criterion for the exemption from the EU ETS, and the emissions threshold is reduced and simplified by having one single threshold for all types of aircraft operators.” Meanwhile, ICAO claims the proposal would undermine the “only globally harmonized measure [<a href="https://icao.us4.list-manage.com/track/click?u=ca89133312bd10bdbf3c24f4a&amp;id=950d045216&amp;e=b565604325">Corsia</a>] applying to emissions from international aviation”&nbsp;and would result in duplicate measures. Corsia “was designed to give aviation the certainty needed to move forward on its path to net-zero carbon emissions by delivering direct environmental benefits and by ensuring a level playing field, transparency, and cost-effectiveness.”&nbsp;

Europe: EU Emissions Trading System

2024 Corporate Aviation Leadership Summit

Europe: EU Emissions Trading System

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