Analysis: EU proposes extending ETS to some third countries from 2029
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5 Articles
The International Air Transport Association expressed its deep frustration at the proposal to extend the scope of the European Emissions Trade System (EU ETS) beyond the borders of the European Union, an initiative that, according to the entity, had already been discredited more than a decade ago. “The European Union is repeating [...]
Brussels strengthens its climate policy in the air in spite of the lifting of shields of actors in the sector. By 2029, the European Union will extend the European emissions trading system (ETS) to international flights of less than 5,000 km. Up until then and due to a derogation, this carbon pricing mechanism in force since 2012 only concerned intra-European flights. From now on, a link between Paris and Istanbul will be subject to these costs …
The EU Commission wants to extend emissions trading in aviation for the first time to flights outside Europe. From 2029, numerous destinations in Africa and Asia would be affected – but not the major markets of the USA, China and India. The chosen radius of 5000 kilometres around Frankfurt has a clear addressee.
The International Air Transport Association (IATA) has been “deeply frustrated” at the European Commission’s proposal to extend the EU Emissions Trading Scheme (ETS) beyond European borders, stressing that “the EU is repeating a historical error” with consequences that will slow down global decarbonisation and it will be travel and companies that “pay the price.” This has been expressed in a statement after the European Community body advocated …
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