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 Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 01.16.17

Airborne 01.17.17

Airborne 01.18.17

Airborne 01.19.17

Airborne 01.13.17

Airborne Hi-Def On YouTube

Airborne 01.16.17

Airborne 01.17.17

Airborne 01.18.17

Airborne 01.19.17

Airborne 01.13.17

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

Could have Been Worse -- FAA, Skypan International Reach Fine Agreement

Company Had Faced A $1.9 Million Fine A comprehensive settlement agreement has been reached between the FAA and SkyPan International, Inc., of Chicago. The agreement resolves enfor>[...]

Airborne 01.18.17: AirVenture 2017, King Schools Drone Test, Tico Warbirds

Also: Plastic Fuel, 747 Down, Great Lakes, Lily Suit, Neffenger Stepping Down, Coast Flt Training, Boeing-SpiceJet EAA-AirVenture is many things to many people, and not the least o>[...]

Airborne 01.18.17: AirVenture 2017, King Schools Drone Test, Tico Warbirds

Also: Plastic Fuel, 747 Down, Great Lakes, Lily Suit, Neffenger Stepping Down, Coast Flt Training, Boeing-SpiceJet EAA-AirVenture is many things to many people, and not the least o>[...]

Airborne 01.17.17: Gene Cernan, KSMO NIMBY's Threaten AvBiz, Lily Drones Kaput

Also: Gone West: Bill Bordeleau, Aero-Calendar, Duncan Aviation, Norwegian Air, Drone Advisory, QinetiQ, Drone v Space Needle We’re sorry to report that, according to a Tweet>[...]

FAA Issues AD For Diamond DA42 Aircraft

Has Received Reports Of Uncommanded Engine Shutdowns In Flight The FAA has issued an AD for Diamond DA42 aircraft following reports of uncommanded engine shutdowns in flight.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC