UK government issues list of number of free carbon permits…

uk-government-issues-list-of-number-of-free-carbon-permits…

UK government issues list of number of free carbon permits…

UK government issues list of number of free carbon permits for airlines in the UK ETS
2021-07-01 14:00:00
The government has announced that Britain has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under the country’s domestic emissions trading system (ETS). The UK has initiated its own system, after Brexit. Only domestic flights and flights within the EU are covered – not all international flights, as was the case with the EU ETS.  The number declines slightly betweeN 2021 and 2025. Aircraft operators can apply for free allocation based on their historical aviation activity.  Free permits for the 2021 scheme year will be allocated to operator holding accounts in the UK ETS registry in the coming weeks. Operators had to apply by 31st March. This is organised through BEIS. The website says:  “Aircraft operators have to submit 2010 and/or 2014 verified tonne-kilometre (tkm) data to their regulator. This data should cover all full-scope flights and must contain tkm data associated with UK ETS aviation activity. Free allocation will be distributed in proportion with UK ETS aviation activity emissions rather than full-scope flight emissions.”  The government says the free allocation is “to reduce the risk of carbon leakage for businesses.” .Tweet       Government UK ETS stuff https://www.gov.uk/government/publications/participating-in-the-uk-ets/participating-in-the-uk-ets and https://www.gov.uk/guidance/uk-ets-apply-for-free-allocation and the table showing the number of free permits is at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/997221/uk_ets_aat.csv/preview Britain publishes CO2 permit free allocation list for aviation Reuters 29.6.2021 LONDON, June 29 (Reuters) – Britain has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under the country’s domestic emissions trading system (ETS), the government said. The ETS is a method of charging power plants and other industrial entities for each tonne of carbon dioxide they emit. Britain launched its own market to replace the European Union’s ETS after it left the bloc. The UK’s ETS applies to energy intensive industries, the power generation sector and aviation. Under the scheme, some installations and aircraft operators can get free emissions permits to reduce the risk of businesses transferring their activities to other countries due to climate costs. The government said free permits for the 2021 scheme year will be allocated to operator holding accounts in the UK ETS registry in the coming weeks, following administrator ap

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