Jet Aviation has expanded its management support service offerings to help aircraft owners and operators comply with the European Union’s Emissions Trading System (EU ETS) for aviation.
To meet the first trading phase requirements for flights as mandated by the EU ETS in 2012, all operators that are required to surrender emission allowances must open a Union Registry Account in their appointed member state and submit the allowances by April 30, 2013. A penalty of 100 euros ($130) per ton of CO2 emissions will be levied against operators who fail to submit sufficient allowances to cover excess emissions in 2012.
Jet Aviation is providing Union Registry Account opening and administration services to help operators seamlessly comply with the regulations and avoid non-compliance fines.
“Opening a Union Registry Account is a long and complex procedure,” says Matthias Gruber, manager EU ETS Services. “We are offering account opening and administration services to help our customers with the Registry Account process and ensure they submit allowances by April 30th to avoid fines.”
- EU agrees text of “stop the clock” aviation law (prints4pilots.wordpress.com)
- Carbon pricing needed to control airline CO2 emissions: study (reuters.com)
- Carbon Trading ‘to Grow 14%’ in 2013 (environmentalleader.com)