Sky polluters, time to chip in… Citizens, time to cash in!
In this policy briefing, CMW presents the main findings and shares our policy recommendations for how the EU should consider aviation carbon pricing.
In this policy briefing, CMW presents the main findings and shares our policy recommendations for how the EU should consider aviation carbon pricing.
By confronting the aviation industry’s full climate impact, our research shows that by applying the polluter-pays principle and expanding carbon pricing to non-covered aviation climate impacts, there could be a tenfold increase in EU ETS revenues between 2025 and 2040 from the aviation sector.
The EU Emissions Trading System (ETS), which requires polluters to pay for their emissions, was a world first, yet international aviation emissions are still exempt from ETS pricing despite their huge climate damage. The EU must now bring international aviation back under regulation, stand up for its values and reaffirm its role as a global climate action leader.
In 2012, it was undoubtedly the main reason for backing down: the EU had dropped its plan to cover all flights departing from and arriving in Europe under its carbon market scheme, following intense pressure from industry and major economies, not least the United States. It was the infamous ‘stop the clock’ to the full scope under the EU Emissions Trading System (ETS).
The demand of airlines to ground or delay two flagship EU climate policies for the aviation sector would result in soaring emissions, delay decarbonisation and hurt the European Union’s efforts to become a clean tech leader. The EU must hold steady on its course.
The document is Carbon Market Watch’s response to a stakeholder survey organised in the context of the drafting of a study by the European Commission’s DG MOVE on the subject of carbon leakage and mitigating measures in the EU aviation sector. The consortium responsible for the survey and drafting of the study is led by …
Read more “CMW response to stakeholder survey on carbon leakage and mitigating measures – aviation”
The aviation industry is championing offsetting, carbon removals and other technical quick fixes to help it fly under the radar of climate action and avoid actual emissions reductions.
No airline has yet been obliged to use a single carbon credit under the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). And when they will, CMW research reveals the European Union’s Emissions Trading System (EU ETS) imposes a carbon price on aviation emissions that is 25 times higher.
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