• 5 minutes Mike Shellman's musings on "Cartoon of the Week"
  • 11 minutes Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 20 hours Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 5 mins Venezuela set to raise gasoline prices to international levels.
  • 2 hours The Discount Airline Model Is Coming for Europe’s Railways
  • 16 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 8 hours Pakistan: "Heart" Of Terrorism and Global Threat
  • 20 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 1 day Corporations Are Buying More Renewables Than Ever
  • 8 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 7 hours Saudi Fund Wants to Take Tesla Private?
  • 7 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 17 hours Starvation, horror in Venezuela
  • 1 day Renewable Energy Could "Effectively Be Free" by 2030
  • 22 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
Philippines Cracks Down On Fuel Pirates

Philippines Cracks Down On Fuel Pirates

Though fuel smuggling in Southeast…

Turbulence Ahead for EU’s Aviation Emission Regulations

In an attempt to encourage airlines to reduce their emissions the EU released regulations that would charge all planes flying into or out of Europe for the emissions that they released during the flight. This created an uproar in China, India, and the US, who claimed that such regulations contravened international aviation treaties.

Congress and the Senate passed bills that would allow US airlines to ignore the EU law, India refused to share its emissions data, and China postponed a multi-billion dollar order with Airbus (the European airspace company), in what appeared to be the first signs of  a trade war.

In response, the EU has recently reduced the severity of its aviation emission regulations to only charge for carbon emissions whilst the planes are in European airspace, not for the entire flight. They hope that such a concession will help relieve pressure from the US, India, and China, and ultimately garner more favour at the International Civil Aviation Organisation (ICAO), which discussed market-based measures to reduce aviation emissions at a meeting in Montreal on Wednesday.

Related article: Sky’s the Limit – Aviation Biofuels About to Take Off?

In over 15 years the ICAO has been unable to make any progress to reduce the industry’s carbon footprint, managing only to agree non-binding fuel efficiency targets. Environmentalists claim that aviation emissions already contribute two or three percent of total global emissions, and that the share is likely to grow by 400% by 2050 if no action is taken soon.

Aviation Emissions

The EU hopes that by downsizing its regulations it is making a gesture of goodwill that would then encourage further talks, and eventually lead to a global, binding agreement to reduce emissions within the sector. They are basically hoping that taking one step back will allow them to take two steps forward.

The EU plan will likely be confirmed by the European Parliament on Thursday, and hopes that the ICAO will agree to some form of commitment to implement a strategy by 2016.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News