04 Jul '11, 10am

Tom Young has answered the top 10 questions about aviation and the EU ETS:

Airlines will be assigned to a particular member state, which will be in charge of monitoring and enforcement. If an operator persistently fails to comply, member states can issue warnings, as well as make the failure to comply public if necessary. If these measures fail member states can ultimately ask for operators to be banned from EU airspace. What developments in technology will carbon pricing for airlines bring about? Current CO2 prices of around €15 per tonne are not high enough to trigger a revolution in fuel efficiency when taken on their own - CO2 levels in kerosene, the fuel used in jets, are too low. However, airlines' inclusion in the ETS is part of a pattern of factors, including rising fuel prices, growing customer concerns, and emissions reporting requirements, that is encouraging the sector to step up investment in greener aviation technologies. The aviati...

Full article: http://www.businessgreen.com/bg/feature/2083671/ultimate-...

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