UK Begins To Issue Carbon Credits In Conjunction With EU-ETS | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne/NBAA2014 10.21.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.21.14 **
** Airborne/NBAA2014 10.20.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.20.14 **
** Airborne 10.17.14 ** HD iPad-Friendly -- Airborne 10.17.14 **

Tue, Mar 06, 2012

UK Begins To Issue Carbon Credits In Conjunction With EU-ETS

Hands Out About One Percent Of Allowed Credits To Three Airlines

The British government has begun issuing carbon credits to airlines in anticipation of the full implementation of the EU Emissions Trading Scheme (ETS). So far, it has haded out 4.9 million credits to three carriers, or about one percent of the number of credits it is allowed.

In a statement, the Department of Energy and Climate Change said the UK was the first country out of all the Member States to start issuing its aviation allowances. The first free allowances were allocated on Tuesday, February  28. These were issued to those aircraft operators covered by the EU ETS that had completed the registry account opening process and therefore were able to receive their allowances for 2012.

A total of 4,965,892 allowances have been issued to 3 of the airlines that the UK regulates. A full list of those airlines that the UK regulates is available on the department's website. The EU DECC says there is nothing holding up the issuing of free allowances. As soon as aircraft operators complete the registry account opening process, they will be able to receive their allowances.

The total number of allowances that the UK is expected to allocate in 2012 is 56,737,146. The UK will continue to issue allowances to those aircraft operators that open their registry accounts.

Reuters reports that the UK regulates more than 230 airlines. Some of the larger British-flagged airlines, such as British Airways, have not yet completed the registration process. BA is expected to receive as much as 18 percent of the country's allowed permits.

FMI: www.decc.gov.uk/en

Advertisement

More News

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Airborne 10.17.14: Enstrom Delivers, Flight School Scandal, NBAA2014

Also: Rare O-46 Rebuild, Valor Unveiled, OK's Anti-Fly-In Airport, FAA Screw-Ups, The first Enstrom Model 480B-G has been delivered to Rick Boswell of New Hampshire with the Garmin>[...]

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Game-Changing NBAA2014 Sponsor Mid-Continent Instruments and Avionics!

Innovation Brings Safe, Certified, Nanophosphate® Lithium Batteries To New Business Aircraft True Blue Power is the first company in the world to achieve FAA TSO and EASA ETSO >[...]

ANN FAQ: Feel The Propwash!

Get Aero-News Delivered To Your E-Mail We know you, like many of our readers, make it a point to check out the latest news and information daily on Aero-News... but did you know th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC