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GreenerSkies Hong Kong Paul Steele. 26 February 2013. AVIATION: ENVIRONMENTAL RESPONSIBILITY. $. AVIATION: EMISSIONS CHALLENGE. Emissions from aviation, and forecast. OUR CLIMATE ACTION.
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GreenerSkies Hong Kong Paul Steele 26 February 2013
AVIATION: EMISSIONS CHALLENGE • Emissions from aviation, and forecast
OUR CLIMATE ACTION • Targets are at the global level – not on States or operators and targets do not mean slowing down the growth of aviation
AVIATION: IMPRESSIVE PROGRESS SO FAR • CO2 from commercial airline fuel burn, emissions and efficiency
THE FOUR PILLARS 1 2 3 4
Patchworks lead to paperwork 40+ countries with emissions-related economic measures ETS, carbon and fuel taxes Over $7bn per year currently Each regime has its own reporting standards
ICAO IN THE SPOTLIGHT 2010 37th Assembly Resolution CO2 Standard for new aircraft Goals development Framework for Market-Based-Measures (MBMs) Proposals for single global MBM mechanism
THE THREE OPTIONS • ICAO is considering three options for a single global mechanism 1 Mandatory offsetting Mandatory offsetting + additional revenues 2 3 Global emissions trading scheme
The Key POLITICAL issues • Application of MBMs to international aviation Framework issues: Scope of coverage: Operators registered in a state Departing flights from a state Flights within sovereign airspace Flights within FIRs Mutual consent or not Treatment of developing countries CBDR/SCRC Legal form of framework?
Industry view • Key criteria for the industry
Finding The right solution • An aviation solution to a climate problem… • not • a climate solution to an aviation problem.