Podcast
Questions and Answers
What is the purpose of the newly strengthened EU rules regarding aviation emissions?
What is the purpose of the newly strengthened EU rules regarding aviation emissions?
The newly strengthened EU rules aim to combat aviation emissions and climate change.
What is expected to happen to airline fares due to increased levies on aviation emissions?
What is expected to happen to airline fares due to increased levies on aviation emissions?
Higher fares are expected as airlines recover from the pandemic and face increased levies on aviation emissions.
What will carbon-intensive industries, including aviation, be required to do to cover their pollution?
What will carbon-intensive industries, including aviation, be required to do to cover their pollution?
Carbon-intensive industries, including aviation, will be required to buy enough allowances to cover their pollution.
When will the current practice of allowing airlines to obtain a significant proportion of the permits they need for free be phased out?
When will the current practice of allowing airlines to obtain a significant proportion of the permits they need for free be phased out?
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How will the total number of allowances in the system affect the cost of polluting?
How will the total number of allowances in the system affect the cost of polluting?
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What is the estimated increase in ticket prices due to increased levies on aviation emissions?
What is the estimated increase in ticket prices due to increased levies on aviation emissions?
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What is the potential increase in cost for complying with the EU ETS for the six largest intra-EU carriers by 2027?
What is the potential increase in cost for complying with the EU ETS for the six largest intra-EU carriers by 2027?
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Study Notes
- Newly strengthened EU rules aim to combat aviation emissions and climate change.
- Higher fares are expected as airlines recover from the pandemic and face increased levies on aviation emissions.
- Carbon-intensive industries, including aviation, will be required to buy enough allowances to cover their pollution.
- The current practice of allowing airlines to obtain a significant proportion of the permits they need for free will be phased out by 2026.
- The total number of allowances in the system will fall over time, driving up the cost of polluting.
- Analysts estimate that ticket prices could rise up to €10 per return flight due to increased levies on aviation emissions.
- Sustainability legislation could make flying via EU hubs up to 29% more expensive in 2035.
- The cost of complying with the EU ETS would rise to €5bn in 2027 for the six largest intra-EU carriers, up from €0.5bn in 2019.
- The price of allowances in the EU system was trading at close to their all-time highs, near €100 a tonne on Friday.
- The emissions trading system update will not come into effect until the final law has been approved in a vote by the European parliament and by EU environment ministers in the spring.
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Description
How well do you know the EU's new rules to combat aviation emissions and climate change? Test your knowledge with our quiz and learn about the higher fares expected as airlines recover from the pandemic and face increased levies on aviation emissions. Discover how carbon-intensive industries, including aviation, will be required to buy enough allowances to cover their pollution, and how the total number of allowances in the system will fall over time, driving up the cost of polluting. See if you can guess how much ticket prices could
