The implementation of the Emissions Trading Scheme (ETS) by the European Union implicates new requirements on aircraft operators worldwide. The CO2 emitted by aircraft in 2012 will have to be compensated via the surrendering of CO2 allowances bought on the market. Allowances will have to be surrendered by April 30th every year starting in 2013. The cost of the EU ETS for airlines will be significant : it has been estimated above one billion dollars for the first year only for the whole sector by IATA's Aviation & Environment Director (source : GreenAirOnline). The objective of this webinar is to bring you up to speed with the ETS requirements as well as to inform on the importance of mitigating the risks associated the scheme (be it financial or managerial).
The webinar will cover:
• General mechanisms of the EU ETS
• The MRV cycle and its deadlines
• The purchase of allowances (national registries, operator / trader accounts, purchasing / hedging)
• The risks associated with the EU ETS (financial, managerial, etc...)
• Discussion on the possible futures of the EU ETS
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