The European Commission is proposing for its existing emissions trading scheme (ETS) amendments that would confirm the continued exemption from the cap-and-trade system for flights outside the airspace of the 28 European Union member states as well as European Economic Area states Iceland, Liechtenstein and Norway.
Climate change policy
The European Commission is proposing amendments to its existing emissions trading scheme (EU-ETS) that would confirm the continued exemption from the cap-and-trade system for flights outside the airspace of the 28 European Union member states, as well as European economic area states Iceland, Liechtenstein and Norway.
NBAA, GAMA and other aviation alphabet groups are backing the general principles of an aircraft-emissions policy accepted by 185 ICAO member states on Friday at a triennial meeting in Montreal. These principles are now being handed over to ICAO working groups, whose work product will be proposed for adoption in 2016 at the next triennial meeting. If adopted, the resulting document would be implemented in 2020.
Opponents of Europe’s emissions trading scheme (ETS) seemed to have gotten the best of a deal reached at the general assembly of the International Civil Aviation Organization (ICAO) that should lead to a global market-based mechanism (MBM) for curbing aircraft emissions by 2020. On October 4, the assembly endorsed a plan agreed late the previous day by ICAO’s executive committee calling for a detailed plan for the cap-and-trade MBM to be agreed at the UN body’s next general assembly ahead of full implementation in 2020.
All aviation eyes were turned toward Montreal early this month as the International Civil Aviation Organization (ICAO) tries to get its arms around a worldwide plan to control jet aircraft emissions.
The big question is whether ICAO’s 191 member states can agree on a plan to curb emissions to the satisfaction of the European Union (EU), which has unilaterally crafted its own emissions trading scheme (ETS) that would capture not only EU aircraft, but also airplanes flying into, out of and through the 28 EU member states.
Responding to member feedback, NBAA president and CEO Ed Bolen has clarified the organization’s position on any potential aircraft emissions deals under consideration at the two-week-long, triennial ICAO assembly that started yesterday. Earlier this week, NBAA said it welcomed signs that a proposal under consideration at ICAO might lead to a global compromise solution to addressing aircraft carbon emissions.
NBAA and its European counterpart, EBAA, have welcomed signs that a proposal under consideration at ICAO might lead to a global compromise solution to addressing aircraft carbon emissions. The measure is expected to be ratified this week at the 38th ICAO Assembly, which opened today in Montreal.
The general assembly of the International Civil Aviation Organization (ICAO) this week will debate proposals for a global market-based mechanism (MBM) to control the increase in carbon-dioxide emissions from air transport. As an interim measure aimed at reaching consensus, negotiators for the 28-state European Union (EU) have offered to alter its existing emissions trading scheme (ETS) so that it would apply only to flying activity within EU airspace and not to all stages of intercontinental flights.
Jet Aviation added the 101st client for its European Union Emissions Trading System (EU-ETS) management support services. Since the EU-ETS trading phase started earlier this year, Jet Aviation began offering EU-ETS management support services to help its customers seamlessly comply with the regulations and avoid non-compliance fees. “Our turnkey compliance solution is particularly helpful to small operators who don’t have in-house staff to ensure they are complying with the EU-ETS requirements,” said Matthias Gruber, manager of Jet Aviation’s EU-ETS services.
The financial performance of U.S. airlines improved from “razor thin margins to paper thin margins” during the first half of the year, as passenger airlines collected 2.1 cents in profit for every dollar of revenue, according to trade organization Airlines for America (A4A). In a quarterly media briefing on August 22, A4A said airlines benefited from a small decrease in fuel prices, their largest cost.
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