Let's see, shall we? I hope it goes through, for one, to help our economies. (the order, not the EU ETS)
Also let's not forget about the 38 Boeings they have ordered last march...
Hong Kong Airlines to Order Superjumbo Jets - Hong Kong - WSJ
Don't forget their affiliation with mainland Hainan Airlines. That could be a game changer.
The Indians must also have some pull:
India to lead 12 country declaration against EU ETS aviation | climate-connect
The world against us?
China, India Mount Opposition Against EU Aviation Carbon Curbs - BusinessWeek
And now our colonial brethren want ETS data from EU carriers... Where will it end?
Green Aviation | Turning Aviation Green
The US Department of Transportation (DOT) issued an order on Monday 19th Dec to nine European carriers to submit ETS related information by 31 January 2012.* The orders do not specify what they will use the data for but it is believed by some observers that the data will help the DOT to potentially define retaliatory measures on EU airlines flying to the US. Others believe that this may be related to discussions concerning EU ETS equivalent measures.
The order was served upon Aer Lingus, Air France, Alitalia, British Airways, Deutsche Lufthansa, Iberia, KLM, SAS and Virgin Atlantic.*
The data that the DOT requires is –
DATA and REPORTING DATE:
1) Free 2012 allowances allocated
January 31, 2012
2) Free 2012 allowances received, if different from 1) (If not different, so advise.)
March 31, 2012
3) 2010 revenue tonne kilometers reported to administering state
January 31, 2012
4) 2010 revenue tonne kilometers operated on flights between U.S. points and points in the EU, Norway, Iceland, and Liechtenstein
January 31, 2012
It should be noted that similar data has also been requested of seven US airlines, however financial data is additionally requested. The airlines affected are American Airlines, Continental, Delta, Fedex, United, UPS, and US Airways. The data that the DOT requires is –
DATA and REPORTING DATE
1) Free 2012 allowances allocated
January 31, 2012
2) Free 2012 allowances received, if different from 1) (If not different, so advise)
March 31, 2012
3) Estimate of allowances needed for 2012 operations covered by ETS April 15, 2012
4) 2012 CO2 emissions reported to administering state
March 31, 2013
5) Monetary amount paid to administering state in ETS allowance auctions
15 days after the close of each auction
6) Monetary amounts spent and/or received in ETS allowance markets
Within 15 days after each such event.
If I were an ETS Manager for an airline not currently impacted by this request I would nevertheless start working with my analyst, or IT department, or external supplier to be able to provide this kind of data accurately and quickly in case the US extends the requirement, or other Nations especially Canada, China and Russia decide to follow the US DOT example.
EU Carbon Price for 2012 in Record Jump as EU Parliament Supports Reducing Allowances
Posted by Oliver Heaton on 12/23 at 05:00 AM
After seeing carbon prices plunge this year due to investor worries about the Eurozone and the over-supply of carbon allowances into the ETS, and carbon prices which bottomed out at a low of EUR 6.30 last Wednesday, prices experience an unprecedented record jump this Tuesday after the EU parliament’s environment committee backed a proposal that would require the EU executive to cut the supply of allowances. Allowances for December 2012 closed 21 per cent higher on the day, but reached a peak at 32 per cent to EUR 9.75 during trading on the ICE Futures Exchange. In context, prices have now dropped approximately 39 percent year to date.
Then from the same website (a tree hugging, push bike riding North European (sorry SMT member, no offence) organisation)
Get this...
Posted by Green Aviation Communications on 10/12 at 10:45 PM
In a surprising move last week the European Low Fares Airline Association have publicly stated their support of the EU ETS. Secretary-General John Hanlon was speaking at the World Route Development Forum in Berlin and said the EU ETS was “not perfect” but that it is an environmentally effective mechanism to deal with aviation’s impact on climate change and better for airlines and consumers than government taxes. He made a point that everyone is keen on a global ETS solution under ICAO but that it is not yet available and threw ELFAAs support behind the EU ETS, “We totally support the EU’s conclusion that it is the most effective way of accounting for the cost to the environment with minimal cost to customers.” He believes that ETS is a better solution than taxes because the airline industry “can still grow by buying allowances” and “ETS has a cost but it is much better for the consumer”.
What BS!
IATA again rails against EU emissions trading system