Andrew Murphy from T+E, with who UECNA cooperates closely on aviation issues, reports a positive outcome on the aviation ETS vote in the EU Parliament today. ‘This is a big boost for Europe’s right to regulate its aviation emissions, and so opens the doors to a lot more.’ To summarise the highlights:
- An annually declining cap, the so called Linear Reduction Factor applied for aviation from 2021 – aviation must now decarbonise like all other sectors. A world first.
- Stop the clock reinstated: The exclusion of international flights is not indefinite, but only until the end of 2020 and subject to a review.
- Auctioning increased to 50% and all revenues earmarked for climate finance.
- Addition of a more detailed review examining the ambition, transparency and overall environmental integrity of the global deal and a report on how the EU could implement the international agreement through a revision of the EU ETS.
- Commission required to come forward with proposals to address aviation’s non-CO2 effects by 2020.
See T+E’s PR. We will now need to focus on Council specifically as it concerns the snap back date and auctioning amounts.