The EU Emissions Trading Scheme (EU ETS) initially covered CO2 emissions from all flights to and from EU airports. However, in 2012, facing significant opposition and threats of a trade war, the EU revised the scheme to include only intra-EU flights, a move known as “Stop the Clock.” What is the cost of this scheme? How can it effectively reduce aviation emissions in the future?
Category: ETS
Ryanair overcharges passengers on the back of green levy
In 2012 Ryanair made an estimated €8 million windfall from overcharging its passengers for the costs of the EU emissions trading scheme (ETS), reveals Sandbag Climate Campaign in a new report on aviation's controversial first year in the EU carbon market. In 2012...
European industry is crying crocodile tears over the reduction in free allowances
A new decision on the free carbon allowances awarded to manufacturers under the EU Emissions Trading Scheme has been met with hostility by industry, but according to our research these complaints are disingenuous. Sandbag's Damien Morris comments “While industry will...
Response to the public consultation on the EU ETS backloading proposal
The content for the blog that follows is taken from Sandbag's submission to the European Commission's public consultation on the backloading proposal. The ETS has successfully imposed legal limits on emissions of carbon from over 11,000 installations across 27 member...