EU Allowances

March 27, 2009 - 7:30am
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Aircraft operators who will be subject to Europe’s new emissions trading scheme (ETS) beginning Jan. 1, 2012, need to start preparing now to be part of this complex process. Pre-compliance emissions monitoring will be conducted for flights starting in 2010 and 2011, and to be part of this, operators need to submit a monitoring plan by August  and have it approved by year-end.

July 10, 2008 - 11:09am

The European Parliament on Tuesday voted on a detailed plan to include aviation in the EU’s emissions trading system (ETS), a carbon dioxide cap-and-trade system that has been in place since 2005 for ground-based facilities such as coal-fired power plants. Final approval of the text in the EU lawmaking machinery is expected by year-end.

December 31, 1969 - 2:28pm

The House of Representatives passed a bill yesterday that would prohibit U.S.-based aircraft operators from participating in the European Union Emissions Trading Scheme (EU-ETS). The House previously approved a similar bill last year. The new House measure, “The European Union Emissions Trading Scheme Prohibition Act,” was based on a bill sponsored in the Senate by Senators John Thune (R-S.D.) and Claire McCaskill (D-Mo.). The bill now awaits President Obama’s signature.

 
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