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Fixing emissions trading to make aviation and shipping pay their way

The EU’s Environment Council meets Tuesday to discuss Europe’s emissions trading system. The EU ETS is often described as the “flagship” of Europe’s climate policy and is currently the largest carbon market in the world. However it has been malfunctioning since a systematic oversupply of credits built up as a result of both Europe’s economic crisis and weak ambition in setting the cap when the ETS was first established.

Published on February 27, 2017 - 08:26

Shipowners isolated as maritime industry supports EU’s ‘first move’ to regulate CO2

· MEPs also back tightening cap on aviation emissions.Support from ports and cargo owners for last week’s vote by MEPs to include shipping emissions in the EU emissions trading system (ETS) has been sharply criticised by shipowners. The European Community Shipowners' Associations (ECSA) said it ‘deplores’ the shipping industry’s backing for Europe regulating ship CO2 as a ‘first move’ to kick start action at global level. Shipping in Europe has CO2 emissions equal those of the Netherlands. 

Published on February 21, 2017 - 10:39

Decarbonisation of aviation: why EU and ICAO action is needed

Aviation accounts for over 13% of Europe’s transport CO2 emissions and a far greater share of its climate impact – its non-CO2 effects can equal or exceed those of its CO2 effects. Globally, aviation emissions are expected to grow 300% by 2050 unless action is taken. This fast growth is partly fuelled by measures including highly preferential tax treatment, burgeoning direct subsidies, exceptional treatment in the EU ETS, and undue reliance on the industry-dominated UN agency ICAO to regulate emissions.
Published on February 20, 2017 - 09:48

Airlines' call for ETS exit would mean substantial cut in Europe’s climate ambition

Director-general of the International Air Transport Association (IATA), Alexandre de Juniac, recently called on the EU to replace the current EU emissions trading system (EU ETS) for flights within Europe with the UN offsetting scheme, CORSIA. In a letter in response, T&E, Climate Action Network Europe and Carbon Market Watch state that such a move would constitute a substantial cut in Europe’s climate ambition, reducing the emissions reduction obligation on airlines operating in Europe by three quarters. It would also represent a weakening of Europe’s international climate commitment and a distortion of competition within Europe’s single market.

Published on February 16, 2017 - 15:58

Parliament’s emissions trading reforms the best outcome for reducing ship and aircraft CO2

MEPs today backed reforms of the EU emissions trading system (ETS) that will, for the first time anywhere, regulate international ship CO2 emissions as well as significantly tighten the cap on aviation emissions. Transport & Environment welcomed the reforms as both a much needed first move to kickstart maritime climate action and evidence that aircraft emissions will now be treated on a par with those of other ETS sectors [1]. The sustainable transport group called on EU governments to support the European Parliament’s amendments to the ETS in the coming trilogue negotiations.
Published on February 15, 2017 - 11:07

Why MEPs must act on aviation and shipping emissions

In a plenary vote on 14 February, the European Parliament will adopt its position on reforms to Europe’s emissions trading system (EU ETS) for the 4th trading period (2021-2030). These reforms aim to fix major issues with EU ETS such as the need for tighter reduction caps and the oversupply of allowances which has depressed the carbon price.

Published on February 9, 2017 - 14:22

MEPs want reformed ETS to include shipping and cut aviation cap

Members of the European Parliament want to include carbon emissions from shipping in the emissions trading system (ETS) and bring the cap on aviation emissions into line with other sectors, as part of a reformed ETS. The parliament's environment committee voted to bring EU shipping emissions under the ETS from 2023 if the International Maritime Organisation (IMO) does not deliver a global deal by 2021. MEPs also voted for the cap on aviation carbon emissions to decline in line with other sectors and for a reduction in the number of free allowances, which airlines have been using to achieve windfall profits.
Published on December 18, 2016 - 21:21

MEPs call for EU regulation of ships and planes’ carbon under reformed ETS

EU lawmakers’ vote today to include shipping in the emissions trading system (ETS) and bring the cap on aviation emissions into line with other sectors, as part of a reformed ETS, is fair and will help ensure ships and planes will not undermine climate action in other industries, sustainable transport group Transport & Environment has said.
Published on December 15, 2016 - 00:28

A reformed EU ETS will cut almost four times more aircraft CO2 in Europe than ICAO’s global scheme – report

Strengthening the ETS as proposed by MEPs will cut almost four times more emissions from flights within Europe than the UN’s new offsetting scheme for aviation CO2, a new independent study has revealed. Europe has faced sustained pressure from industry and other states to remove aviation from its ETS and leave climate action to UN aviation body ICAO. But the study, commissioned by Transport & Environment, also finds that the ICAO global scheme will deliver less for the climate than the original aviation ETS, which only covers flights in, from and to Europe.

Published on December 13, 2016 - 14:30

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