Look Beyond ETS Headaches to Benefits | Aviation International News

Sustainability and Environment

Look Beyond ETS Headaches to Benefits

Aviation is not alone in its suffering at the hands of the emissions-trading scheme, and it should try to see its way through the frustration to some posit

By Charles Alcock • Managing Editor

September 29, 2009

Aviation is not alone in its suffering at the hands of the emissions-trading scheme, and it should try to see its way through the frustration to some positive outcomes. This is the perspective of Sebastian Gallehr, whose Germany-based Gallehr Sustainable Risk Management company has been helping other industries with the complexities of ETS for more than seven years.

Gallehr told AIN that ETS implementation has been fraught with legal and bureaucratic problems since it was first imposed on other industries, such as the power-generation sector. The first ETS trading period came to an end in 2007, and even today the companies involved in this are still grappling with unanswered questions and headaches.

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