Emissions Trading Scheme (ETS)
The EU Emissions Trading Scheme will become a mandatory component of the aviation industry from 1st January 2011.
Under ETS, CO2 will need to be reduced by 3% against baseline during the first year, rising to 5% in 2012 and beyond. Failure to meet these targets may results in heavy fines or the cancellation of operating licenses.
We can help airlines and peripheral organisations to understand the impact of ETS and to prepare for its arrival.
- Network impact analysis
- Scenario planning
- Cost assessment
- Facilitation of carbon trading
- Reductions verification process
- Carbon credit auctioning advice
- Operational footprint analysis
- Emissions reduction policy development
The impact of ETS on the European aviation market is forecast to be up to €4bn a year. We can help you to understand your exposure and develop a comprehensive carbon management strategy to mitigate the risk to your business.
Contact us to discuss how we can support you in developing a position on this critical issue.
