Aviation Emissions Trading Reform

Summary

This proposal extends current limitations on aviation emissions trading to allow for a global system to be implemented by 2021. It aims to prevent trade disputes while preparing for international carbon offsetting standards.
10 29.12.2017
Other
environment
air transport
international relations
business and competition
public finance and budget policy

Key points

In force from 01/01/2021 Out of force from 31/12/2035
  • The current limitation of the emissions trading system to flights within the European Economic Area is extended until the end of 2020.
  • The total quantity of allowances for aircraft operators in 2021 will be reduced by 10% compared to the average from 2014 to 2016.
  • Starting from January 1, 2021, the percentage of emissions allowances that must be purchased through auctions will increase to 50%.
  • Revenues generated from auctioning emissions allowances should be used to fund climate change mitigation and research into sustainable aviation technologies.
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