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Aviation Sector Inclusion To Eu Ets
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Book Synopsis Aviation Sector Inclusion to Eu Ets by : Begum Kurkcu
Download or read book Aviation Sector Inclusion to Eu Ets written by Begum Kurkcu and published by LAP Lambert Academic Publishing. This book was released on 2012-05 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: In February 2009, the European Union Directive 2008/101/EC was approved, clarifying how emissions from the aviation sector will be included in the European Union Emissions Trading Scheme (EU ETS). According to this directive, starting from 1st January 2012, all aircraft operators (nearly 4000), flying to or from any airport in EU territory will be included in EU ETS. This dissertation aims to provide qualitative and quantitative information about the consequences for aviation industry to be included in European Union Emissions Trading Scheme (EU ETS) for the first trading period (2012). In this study, with empirical data, a scenario approach has also been used to quantify the potential 2012 CO2 emissions from aviation industry. So that, a scale of the possible total financial burden that aviation sector will be under for their CO2 emissions in the first trading period of EU ETS (2012) is calculated. According to the calculations, 2012 CO2 emissions of the flights covered under EU ETS can vary from 231.242 million tonne of CO2 to 277.036 million tonne of CO2 and the cost of 2012 CO2 emissions for the aviation sector can be between 967.47 million Euro and 2.54 billion Euro.
Book Synopsis The Inclusion of Aviation in the European Emission Trading Scheme: Analyzing the Scope of Impact on the Aviation Industry by : Vincent Schade
Download or read book The Inclusion of Aviation in the European Emission Trading Scheme: Analyzing the Scope of Impact on the Aviation Industry written by Vincent Schade and published by Anchor Academic Publishing (aap_verlag). This book was released on 2014 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant volume of literature already exists concerning the inclusion of aviation in the EU-ETS. Most of the research laid its focus on specific industry levels such as the individual airline, the aviation industry in general or macroeconomic aspects. In this context, these studies tried to anticipate market reactions triggered by the EU-ETS by analyzing specific issues such as the financial impact on airlines, changes in competitive behavior or implications for the overall industry development. As a consequence, the existing studies took only a limited market view and made assumptions about expected developments in specific fields of the aviation industry. However, at the time of writing this thesis, conclusions about the scope of impact could hardly be drawn from existing impact assessments because of the wide range of issues that exceeded the scope of most impact studies. Hence, a broader research approach is needed which takes different analytical perspectives to describe the scope of impact of the EU-ETS and depict potential effects for the aviation industry.
Author :Great Britain. Parliament. House of Lords. European Union Committee Publisher :Stationery Office/Tso ISBN 13 :9780104008133 Total Pages :173 pages Book Rating :4.0/5 (81 download)
Book Synopsis Including the Aviation Sector in the European Union Emissions Trading Scheme by : Great Britain. Parliament. House of Lords. European Union Committee
Download or read book Including the Aviation Sector in the European Union Emissions Trading Scheme written by Great Britain. Parliament. House of Lords. European Union Committee and published by Stationery Office/Tso. This book was released on 2006-02-09 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduced in January 2005, the EU Emissions Trading Scheme (ETS) is the worlds first large-scale greenhouse-gas trading programme. The scheme covers all 25 EU Member States and aims to help member states achieve compliance with their commitments under the Kyoto Protocol. The EU Environment Council in December 2005 agreed that the inclusion of the aviation sector in the ETS was the best way forward on aviation emissions compared to other policy initiatives, and urged the Commission to bring forward a legislative proposal by the end of 2006. The Committees report considers a range of issues including: current and projected levels of air traffic and its environmental effects; policy sustainability on environmental and economic grounds; determining geographical scope and the limits for inclusion of flights and airlines, allocation methods and trading entities; the impact on air fares and air freight charges; and alternative policy options including fuel taxes; carbon offset schemes and investment in new technologies.
Book Synopsis The Business Impact of the Inclusion in the EU ETS on the Aviation Industry by :
Download or read book The Business Impact of the Inclusion in the EU ETS on the Aviation Industry written by and published by . This book was released on 2009 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Inclusion of Aviation in the European Union Emission Trading Scheme by : Vincent Schade
Download or read book The Inclusion of Aviation in the European Union Emission Trading Scheme written by Vincent Schade and published by . This book was released on 2013-10 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2013 in the subject Business economics - Operations Research, grade: 2,3, University of Cologne, language: English, abstract: A significant volume of literature already exists concerning the inclusion of aviation in the EU-ETS. Most of the research laid its focus on specific industry levels such as the individual airline, the aviation industry in general or macroeconomic aspects. In this context, these studies tried to anticipate market reactions triggered by the EU-ETS by analyzing specific issues such as the financial impact on airlines, changes in competitive behavior or implications for the overall industry development. As a consequence, the existing studies took only a limited market view and made assumptions about expected developments in specific fields of the aviation industry. However, at the time of writing this thesis, conclusions about the scope of impact could hardly be drawn from existing impact assessments because of the wide range of issues that exceeded the scope of most impact studies. Hence, a broader research approach is needed which takes different analytical perspectives to describe the scope of impact of the EU-ETS and depict potential effects for the aviation industry.
Book Synopsis The Impact of the Inclusion of Aviation Into the EU ETS on the Caribbean Island States by : Nicole Gonzales
Download or read book The Impact of the Inclusion of Aviation Into the EU ETS on the Caribbean Island States written by Nicole Gonzales and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "In its attempt to further mitigate global climate change, the European Union recently included aviation activity into its carbon emissions trading scheme (the 'EU ETS'). This thesis examines the impact of the inclusion of aviation into the EU ETS on Caribbean island states and, additionally, offers recommendation on how these Caribbean island states can deal with the issues that are expected to arise from the inclusion of aviation into the EU ETS. By firstly determining the deficiencies in the EU ETS relevant to Caribbean island states as compared to the UNFCCC and Kyoto Protocol and, secondly, analyzing the legal and economic impact of the inclusion of aviation into the EU ETS on both airlines worldwide as well as Caribbean island states, this thesis finds that there is great uncertainty in the airline industry on the impact of the inclusion of aviation into the EU ETS. Nevertheless, the current EU ETS regime was not anticipated to have a significantly detrimental impact on the Caribbean economy. However, any reduction in the numbers of tourist arrivals and expenditures is economically disadvantageous to the Caribbean island states. Therefore, Caribbean island states should create a stronger and more independent position for themselves within the global climate change framework of the UNFCCC by having all 31 Caribbean island states become party to the UNFCCC and Kyoto Protocol and by working together to create a regional Caribbean ETS." --
Book Synopsis Aviation Sector as the Fastest Growing Contributor to Climate Changes by : Edoardo Rampini
Download or read book Aviation Sector as the Fastest Growing Contributor to Climate Changes written by Edoardo Rampini and published by LAP Lambert Academic Publishing. This book was released on 2011-07 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the greatest environmental, social and economic threats facing the planet. The Kyoto Protocol aims to reduce industrialized countries greenhouse gases emissions by 5.2% compared to 1990 levels; at the same time, the European Union Emission Trading Scheme (EU-ETS) is one of the key policies introduced by the European Union to help Member States to meet their emissions reduction targets. Among the sectors included in the scheme, notable exceptions include international aviation, since its emissions rose 78% between 1990 and 2005. On December 20, 2006, the European Commission adopted a proposal for legislation to include the aviation sector in the EU-ETS. This study investigates the economic effects that the inclusion of aviation in the EU-ETS will have on airlines and airport operators.
Book Synopsis The Incorporation of Aviation into the EU ́s Emissions Trading System by : Mathias van Driel
Download or read book The Incorporation of Aviation into the EU ́s Emissions Trading System written by Mathias van Driel and published by GRIN Verlag. This book was released on 2010-07-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Politics - Environmental Policy, grade: 1,3, University of Münster, language: English, abstract: Within the scope of this course the presentation results from the commissioned group works, divided into thematic clusters - supplemented by active discussions - have acuminated the view on contents and concepts of this issued EU Policy. In doing so, it was a major aim to analyse political instruments within the EU, used to accesses various fields of environmental problems. Congruously in this Policy Paper, a specific instrument of EU Environmental Policy is chosen to be analysed and finally evaluated by its performances and capabilities as operational policy instrument. In the course of the seminar, the preservative subject area of Climate Policy has crystallised as an emerged and large-scaled subject to EU Environmental Policy. EU Climate Policy contacts nearly every field in European environmental adoption. Facing the latest scientific prognoses and reviewing European as well as common global environmental activity - the abatement of Climate Change appears to be one of the most superordinated aims. Hence, this policy topic especially defies an exemplary investigation on how EU policy-making proceeds, to protect environment in anent to a current issue. At present, the EU Emissions Trade System / -Scheme (EU ETS) as one of the most expansive pillars to the Union’s Climate Policy and concurrently the most comprehensive global ETS, is ought to be completed within its second (of three) phases of development. The integration of EU-wide aviation into the system of EU ET proceeding since 2003 is a main part to the future enterprise in expanding EU Climate Policy. Within this step of integration the EU has declared its ambition to take a pioneering task in combating global Climate Change until 2020. During the current decade, critical scientists appraise the realisation of those aims as an impossible scenario for near future (Hahn 2006 / Brockhagen 2004). Not less, within this EU-wide expansion plans the EU ETS is ought to cover and regulate a mobile pollution sector, which has grown eminently during the last decade and as so far has enjoyed special status to national politics.
Book Synopsis The Inclusion of Aviation in the EU ETS by : Lorand Bartels
Download or read book The Inclusion of Aviation in the EU ETS written by Lorand Bartels and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aviation industry will be included in the EU's emissions trading system (ETS) from 1 January 2012. Airlines will have to acquire and 'surrender' allowances for the carbon emissions produced by their flights. The scheme is comprehensive: it applies to EU and non-EU airlines (subject to a potential exemption), to passenger and cargo flights, and to flights between EU airports and between EU and non-EU airports. An airline that fails to surrender allowances is fined €100 per allowance and must make up the shortfall the following year. The EU's scheme has already given rise to legal action in connection with the EU's international civil aviation obligations. But, due to its impacts on trade in goods and services, the scheme also has implications for the EU's obligations under the WTO law: specifically, under the General Agreement on Tariffs and Trade (GATT) and the General Agreement on Trade in Services (GATS). In particular, this raises the question of the scope of application of the GATS Annex on Air Transport Services. As this article shows, it is challenging to design a carbon scheme that is both administratively feasible and justifiable under WTO law.
Book Synopsis Aviation and Climate Change by : Alice Bows
Download or read book Aviation and Climate Change written by Alice Bows and published by Routledge. This book was released on 2008-09-25 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is generally accepted – the US administration excepted - that the emissions reduction targets agreed in the Kyoto Protocol are only the beginning of what needs to be achieved in international climate negotiations. While studies suggest that major emission reductions by industrialized countries can be achieved at low economic cost, both these and early reductions by developing countries are inevitably a major political challenge. This book focuses on European policy toward climate change, specifically its ramifications for the aviation industry. With air travel predicted to grow enormously in the coming years, the issue of climate change is hugely topical for this important industry. Accessible to students, academics and practioners, this book is useful reading for all those with an interest in climate change, the aviation industry, or both.
Book Synopsis The EU ETS and Unilateralism Within International Air Transport by : Gareth Price
Download or read book The EU ETS and Unilateralism Within International Air Transport written by Gareth Price and published by . This book was released on 2008 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Aviation and Maritime Sectors and the EU ETS by :
Download or read book The Aviation and Maritime Sectors and the EU ETS written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper gives an initial overview of the market structure in a revised EU ETS for the European aviation and maritime sectors. Key design options like the scheme's geographical scope, the baseline year(s), cap and allocation of allowances, and - in the case of aviation - the relationship with CORSIA, can have impacts on the competitive situation of EU carriers and vessels. This is the first stage in the research project focusing on the implementation and socio-economic perspectives related to the eventual inclusion of aviation and maritime in the EU ETS. The analysis of the Commission's proposal is expected to follow in fall 2021.
Book Synopsis INCLUSION of Aviation in the EU ETS by :
Download or read book INCLUSION of Aviation in the EU ETS written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Inclusion of Aviation in the EU Emission Trading Scheme: a Cornerstone Or Weak Directive? by : Rikie de Veer
Download or read book The Inclusion of Aviation in the EU Emission Trading Scheme: a Cornerstone Or Weak Directive? written by Rikie de Veer and published by . This book was released on 2009 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Inclusion of the Aviation Sector Into the European Union Emmissons Trading Scheme, and Its Compatibility with Existing International Air Law by : Marc Beechcroft-Kay
Download or read book The Inclusion of the Aviation Sector Into the European Union Emmissons Trading Scheme, and Its Compatibility with Existing International Air Law written by Marc Beechcroft-Kay and published by . This book was released on 2008 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis EU Emissions Trading Scheme and Aviation by : Angela Klingmüller
Download or read book EU Emissions Trading Scheme and Aviation written by Angela Klingmüller and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a concise and convenient compilation of the EU directives and decisions concerning the inclusion of aviation into the existing greenhouse gas emission allowances trading scheme (ETS). An introduction has been added to set out the European and international context. Furthermore, some practical templates for reporting annual emissions and tonne-km data are included, as well as a list of useful contacts. The 2003 ETS Directive introduced emission trading for energy-intensive installations on a European level. Subsequently, the 2004 Linking Directive made further flexible mechanisms of the Kyoto Protocol available. In 2008, the Aviation Directive took EU ETS to the next level, as it included aviation in the scheme. This directive has been accompanied by the 2007 Monitoring and Reporting Guidelines (MRG), revised on April 16, 2009, which provides detailed guidance regarding determination of emissions and tonne-km data and streamlining the compliance cycle consisting of monitoring, reporting, and verification (MRV) duties. The book is a timely and welcome addition to the literature in the field and should be of interest to anyone dealing with aviation and environmental law.
Book Synopsis The Influence of Emission Trading Regulation on Airline Stock Prices by : Lisa Jung
Download or read book The Influence of Emission Trading Regulation on Airline Stock Prices written by Lisa Jung and published by GRIN Verlag. This book was released on 2023-10-04 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2012 in the subject Business economics - Miscellaneous, grade: 1.3, European Business School - International University Schloß Reichartshausen Oestrich-Winkel (Aviation Management), language: English, abstract: The introduction of an emission trading system within the European Union from 2012 on represents a major financial barrier for all airlines, especially those operating their hubs inside the EU. While the plan is to request all airlines flying in the EU to buy emission certificates, most non-European carriers could still benefit from the international disputes going on at the moment. European-based airlines in turn fear a disadvantage against their non-european competitors, as the need for emission certificates will burden their already high cost structures even further. The paper should first explain the concept of emission trading schemes as well as the current plan of introducing emission trading in the European Union. The second part will then elaborate on the airline’s perspective on emission trading and the included risks/ disadvantages originating from an introduction of such a system. A third part will then analyze the correlation between announcements concerning the emission trading system and the performance of airline stock prices. The analysis shall be based on the stock performance of major European airlines, as they will be the ones facing major discrimination if the system gets introduced. Finally, the usefulness of an emission trading system is going to be discussed and alternatives to solve the climate change issue will be presented.
