These are the hardest times the global business aviation community has ever faced, the industry was told by its leadership at yesterday’s opening general session of the EBACE show. Just as companies struggle to stay afloat in the treacherous undercurrents whipped up by a financial crisis of historic proportions, they are having to avoid being dragged down by the unwelcome weight of a new wave of regulatory requirements.
European Union Emission Trading Scheme
Key officials from the European Commission and Eurocontrol joined EBAA chief executive Brian Humphries and NBAA president and CEO Ed Bolen on the podium at this morning’s EBACE opening general session, followed by a ribbon-cutting with EBAA chairman Rodolfo Baviera.
Aircraft operators who will be subject to Europe’s new emissions trading scheme (ETS) from Jan. 1, 2012, need to start preparing now to be part of this complex process. Pre-compliance emissions monitoring will be conducted for flights in 2010 and 2011, and in order to participate, operators must submit a monitoring plan by this August for approval by year-end.
Europe’s emission trading scheme (ETS) takes effect in 2012, but operators need to have an approved monitoring plan by the end of this year to participate in pre-compliance monitoring in 2010 and 2011. EBACE Convention News asked EBAA president and CEO Brian Humphries about how the new rules will affect European operators:
JDA Aviation Technology Solutions of Bethesda, Md., has partnered with UK-based EQ2 to offer environmental measurement reporting and reduction services.
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.
Worried that some small operators have not considered the ramifications of the European Union emissions-trading scheme (ETS), the European Regions Airline Association is moving to raise awareness. As the industry prepares for integration of air transport into the ETS in 2012, airlines have only until next June to claim free carbon allowances.
The impact of the European Union’s plans to include aviation in its emission trading scheme (ETS)–a CO2 cap-and-trade system that has been in place since 2005 for ground-based facilities like coal-fired powerplants–is becoming clearer. The directive has yet to win approval, but a draft text adopted in July by the European Parliament already indicates that small operators will be exempt.
IATA director general Giovanni Bisignani lambasted European governments for their alleged greediness for environmentally inefficient taxes here yesterday.
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.