If global aviation's CO2 emissions were a country, they would be ranked 7th in the world - between Germany and South Korea. We want global aviation market-based measures to begin to lower these soaring emissions. Aviation enjoys a tax-free ride - no VAT on plane tickets and no taxes on aviation fuel. We believe aviation should pay its fair share.
In April 2014, the EU conceded to 'Stop the Clock' till 2016 on aviation's inclusion in the ETS, limiting EU emissions coverage to only intra-EU flights. This ignores the majority of emissions, which are from long-haul flights. All eyes are now on ICAO to come up with a global agreement in 2016, otherwise EU decision-makers must revert back to a full aviation ETS.