EUROPEAN COMMISSION TO PROPOSE CLIMATE LAW IN 2020
January 25, 2020
As the global aviation community continues to work toward the reduction of carbon emissions, one outstanding policy question is whether multiple overlapping emissions regimes will cover the commercial aviation industry. In the U.S., for example, the FAA has stated that it supports implementation of ICAO’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) as a unified global market mechanism to ensure an equal competitive environment.
In December 2019, the European Commission published a roadmap toward European climate neutrality and announced that by March 2020 it would propose a climate law to reach that objective by 2050. According to the roadmap, this law will include several aviation-related aspects. The Commission intends to progress with its Single European Sky initiative, explore the ending of tax subsidies for aviation fuel, continue the EU Emissions Trading System in parallel with CORSIA while reducing free emissions allowances to airlines, explore options to boost sustainable fuels use, and tighten air pollution standards for aircraft and airport operations. With a global view, the EU further intends to pursue green diplomacy, push for international carbon markets, and use border tax adjustment mechanisms to prevent the “leakage” of emissions outside its jurisdiction.
If you have any questions, please contact Evelyn Sahr (esahr@eckertseamans.com or 202-659-6622); Drew Derco (dderco@eckertseamans.com or 202-659-6665).
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