EC Proposes One-Year Deferral of EU ETS International Aviation Compliance
20 November 2012: The European Commission (EC) presented a legislative proposal to “stop the clock” on monitoring and reporting of aviation emissions for flights into and out of Europe, by deferring for one year the requirements under the EU Emissions Trading System (ETS) for airlines to surrender these emission allowances. Flights within Europe will continue to be covered by the regulation.
The legislative proposal aims to facilitate and further the efforts of the International Civil Aviation Organisation (ICAO) toward the global regulation of aviation emissions, including work to develop a global market-based measure (MBM) and to adopt a framework to facilitate the application of MBMs to international aviation. The deferral ensures aircraft operators that do not meet reporting and compliance obligations under the ETS Directive are not sanctioned, under the condition they have not received 2012 allowances or have returned allowances for cancellation. [EC Press Release]