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 04.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.18.14 **
** Airborne 04.16.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.16.14 **
** Airborne 04.14.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.14.14 **

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 04.18.14: SpaceX's Historic Pad, Sikorsky Going Presidential?, EAA B17

Also: Airmen Support Pilot's Son, Beyond The Blue!, More Wrong-Way SWA Fallout, Missing WWII Airman Comes Home NASA signed an agreement with Space Exploration Technologies Corporat>[...]

Aero-TV: Dual GPS Solutions -- Maps, Weather, And Traffic To Your EFB Devices

Dual Boasts GPS Support for iOS or Android Platforms While at the AOPA 2013 convention, ANN CEO and Editor-In-Chief, Jim Campbell met with Greg Lukins, Vice President of Business D>[...]

Airborne 04.18.14: SpaceX's Historic Pad, Sikorsky Going Presidential?, EAA B17

Also: Airmen Support Pilot's Son, Beyond The Blue!, More Wrong-Way SWA Fallout, Missing WWII Airman Comes Home NASA signed an agreement with Space Exploration Technologies Corporat>[...]

ANN's Daily Aero-Linx (04.19.14)

The Art Of Airsickness Bags Have you succumbed to the unbridled joy of Air Sickness Bag Collecting? Do you have vomit fever (or, fever-induced vomiting)? Are you ever considering b>[...]

ANN's Daily Aero-Term (04.19.14): Navigable Airspace

Airspace at and above the minimum flight altitudes prescribed in the CFRs including airspace needed for safe takeoff and landing.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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