01 Mar '12, 11am

UK issues its first free EU ETS allowances to aircraft operators:

The UK was the first country out of all the Member States to start issuing its aviation allowances. The first free allowances were allocated on Tuesday 28 February. These were issued to those aircraft operators covered by the EU ETS that had completed the registry account opening process and therefore were able to receive their allowances for 2012. A total of 4,965,892 allowances have been issued to 3 of the airlines that the UK regulates. A full list of those airlines that the UK regulates is available on our website . There is nothing holding up the issuing of free allowances, as soon as aircraft operators complete the registry account opening process, they will be able to receive their allowances. The total number of allowances that the UK is expected to allocate in 2012 is 56,737,146. The UK will continue to issue allowances to those aircraft operators that open their ...

Full article: http://www.decc.gov.uk/en/content/cms/news/euets_aircraft...

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