New blog post: Europe’s emissions trading scheme expands to new heights

As of 1 January 2012 aircraft operators with flights originating or terminating at airports within the European Community must participate in the European Greenhouse Gas Emission Allowance Trading Scheme (EU ETS). The EU ETS has been in place for energy intensive industrial installations since 2005, and is now the first market-based trading scheme to include emissions from aviation activities. As the expansion covers all incoming and outgoing flights, non-EU states have begun questioning its international legitimacy. Do the monitoring, reporting and verification procedures for the expanded emissions trading scheme shed any light on their concerns?

Read the new post here

Last changed: Feb 24 2012 at 12:17 AM