EU-ETS Could Cost Bizav Operators Dearly | Aviation International News

Regulations and Government

EU-ETS Could Cost Bizav Operators Dearly

By Chad Trautvetter • Online Editor

February 14, 2012

A U.S. Part 91 corporate flight department flying a Gulfstream G450 could pay nearly $35,000 annually to comply with the European Union Emission Trading Scheme (EU-ETS), according to a preliminary report released exclusively to AIN by UK-based EU-ETS consultants SustainAvia. This cost estimate assumes 15 long-haul (New York City to UK) round-trip flights per year; a carbon credit (also referred to as European Union Allowances, or EUAs) price of €25 ($32); free 27 allotted EUAs; and emissions monitoring, reporting and verification (MRV) charges of $5,628 for aircraft assigned to the UK registrar for EU-ETS compliance. Costs would be similar for aircraft assigned to other European countries, with lower MRV charges in countries, such as France, offset by the need to buy more EUAs due to longer distances flown from the U.S., according to the report.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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