Wed, Dec 20, 2006
Plan Gives Foreign Airlines Extra Time To Comply
Reports from Europe indicate the
European Commission will soon propose regulations requiring all
airlines flying from EU airports to take part in its controversial
carbon emissions trading scheme... but the plan may give foreign
operators additional time to comply.
According to BusinessWeek.com, the draft proposal -- to be
unveiled Wednesday -- will encompass "all flights arriving at or
departing from an airport in the Community as of 1 January 2012."
However, a separate report in the Financial Times says
international carriers may get up to two year's grace period before
they must comply with the standards.
All intra-European flights will be required to adhere to the
"carbon market" trading scheme starting in 2011.
Under the trading scheme -- based on the idea of a "carbon
footprint" -- airlines are given a certain number of
pollution credits to cover carbon dioxide emissions from their
planes. If a carrier exceeds its limit, the airline must purchase
credits from other companies.
The emissions trading program began this year, and does not
currently apply to aircraft. However, as Aero-News reported, the
commission has threatened to extend the program to airlines --
billed by the EC as the fastest-growing source of carbon emissions
-- for several months.
The draft proposal states airlines will be able to buy pollution
credits "from other sectors in the [EU] community scheme for use to
cover their emissions."
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