From 2012, airlines are included in the EU Emission Trading Scheme. Although the intention was to cover emissions from flights that take off or land at airports in the European Economic Area (EEA, EU member states, plus Iceland, Norway and Liechtenstein) in 2013, the scope was temporarily reduced to cover only intra-European flights till 2016, in order to allow for a global agreement to be reached at ICAO ("stop the clock").
In February 2017 the European Commission proposed that the reduced scope should be continued until the end of 2020. The proposal is being debated and will have to be approved by European Parliament and Council by the end of 2017. Apart from this legislative procedure, aviation is being considered within the scope of the revision of the EU ETS post 2020 (Phase 4). In this regard, the European Parliament has proposed to reduce the quantity of emission allowances for aircraft operators by 2.2 percent per annum, and to significantly Increase the portion of auctioned emission allowances.
How aviation will be integrated into ETS post 2020 and its potential interaction with an ICAO global scheme “CORSIA” has to be decided and is still uncertain. Considering this landscape of uncertain always-changing regulation, aircraft operators are looking to navigate safely – to comply with their obligations at the lowest cost and without taking undue risk.
OUR SERVICES ON AVIATION SECTOR
With our over 16 year experience in emissions trading and access to the developing regulation we can manage your exposure in the EU ETS, and help you to understand and prepare for the future implications of CORSIA.
Contact us if you need:
- Setup a trading account to make it easy to trade in the EU ETS
- Comply with your EU ETS MRV requirements. Save time, reduce hassle and ensure compliance on time
- To be properly and
objectively informed of key developments impacting the market and your
compliance obligations and strategy
- Undertake in-house training courses. We develop training courses according to your needs, covering a wide spectrum of aviation environmental matters
Avoid doubtful and ambiguous sources of information. In Vertis we inform you clearly and frankly about market and real regulatory requirements. Much of our work is to do with helping clients understand their compliance needs and solve problems, not to create unnecessary concerns!
BUY YOUR ALLOWANCES ONLINE!
Vertis is pleased to announce the launch of the first dedicated online shop to purchase small volumes of carbon allowances to comply with the EU ETS.
Aircraft operators and small emitters in the EU Emissions Trading System can now purchase limited amount of EUAs with a credit card, with only a few clicks. Read more or access the EUA webshop at vertis.aero
Why begin your emissions trading with us?
Because you will benefit from our passion of getting people involved in emissions trading. We have been doing this since 2001, including setting up hundreds of clients from 2004 in the EU ETS.
And because we are very good at it, you can focus on your job, and save time and money:
|Experienced ||We are very experienced, having traded over 700 million EUAs and over 120 million CERs and ERUs|
|Trusted||Every week we handle millions of Euros of clients’ money|
|Frank||We tell you how it is; we don’t try and make it look more complicated than it is|
|Fast||We decide, contract and transact quickly - you get your cash and units same day|
|Innovative yet careful||We come up with new ways of solving problems, cutting risks and making money for you.|