Carbon finance

July 25, 2007 - 10:36am

While the debate continues to swirl on both sides of the Atlantic over the European Union’s scheduled imposition of a carbon dioxide (CO2) emissions trading program involving air travel, a new initiative to address the problem was launched in June at the Paris Air Show.

July 5, 2007 - 11:43am

Speaking at an International Civil Aviation Organization meeting on emissions held in Montreal, FAA Administrator Marion Blakey told several hundred government aviation officials and industry representatives that perceptions that aviation does not care about the environment and that it is responsible for a great deal of greenhouse gases are incorrect.

June 19, 2007 - 3:49am

Airlines and other aviation bodies can now assess their carbon output using a new online Carbon Emissions Calculator developed by U.S.-based consultants Back Aviation Solutions. Developed in partnership with flight information and data solutions company OAG, the calculator allows users to calculate their carbon footprints by equipment type, airline, airport, route, country or world region.

June 11, 2007 - 11:25am

Will flying one day be as taboo as smoking is today, at least in most of Europe? Will it become socially unacceptable in the future to travel by air? Experts who see an unprecedented attack on air transport’s environmental footprint are posing these questions, challenging the industry’s growth for the first time in several decades.

May 31, 2007 - 4:58am

FAA Administrator Marion Blakey said last month in a speech to an emissions colloquium at ICAO in Quebec that “aircraft greenhouse-gas emissions might become a serious barrier to aviation growth long-term.” Also at the colloquium, Massachusetts Institute of Technology professor Ian Waitz presented preliminary research that says in one estimation, aviation emissions may result in a few hundred premature deaths a year and contribute to climate c

May 22, 2007 - 11:35am

FAA Administrator Marion Blakey said that “aircraft greenhouse gas emissions might become a serious barrier to aviation growth long-term” in a speech last week to an emissions colloquium at ICAO in Quebec. Also at the colloquium, Massachusetts Institute of Technology professor Ian Waitz presented preliminary research that says in one estimation, U.S.

May 17, 2007 - 7:37am

The UK intends to push for carbon dioxide emission trading for aviation while it holds the office of presidency of the European Union for six months, beginning July 1. Jill Adam of the UK’s DOT told a business aviation convention last month in Geneva that the aviation community, including business aviation, must own up to its responsibilities. “In other words, the polluter pays,” she said.

April 30, 2007 - 10:48am

Higher numbers of regional airline travelers in Europe have not meant greater environmental impact, according to European Regions Airline Association (ERA) director-general Mike Ambrose. Rather, the industry is flying bigger aircraft at record passenger load factors (PLFs)–the highest in 20 years of ERA data collection.

April 30, 2007 - 5:53am

Europe’s primary weapon against global warming is the Emissions Trading Scheme (EU-ETS), a program rooted in the 1997 Kyoto Protocol. The EU-ETS encourages the use of climate-friendly technologies by rewarding businesses that invest in green technologies, thus turning their investments into quick, short-term profits.

April 30, 2007 - 5:37am

Business aircraft manufacturers and operators had better tackle their environmental image sooner rather than later. Global warming has replaced noise as the number-one aviation-related environmental concern. The diagram on page 44 shows how easy it could be for green lobbies to persuade the public that the carbon dioxide (CO2) emitted by business jets is even less acceptable than that of airliners.

 
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