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Brussels Receives Ultimatum from Aviation Companies
๐Ÿ‡ญ๐Ÿ‡บ Hungary /Economy & Trade

Brussels Receives Ultimatum from Aviation Companies

From Magyar Nemzet · () Hungarian

Translated from Hungarian, summarized and contextualized by DistantNews.

At a glance

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  • European aviation companies have urged Brussels to reconsider plans to include international flights in the EU's carbon trading system.
  • The industry favors the UN's CORSIA system for pricing aviation emissions globally.
  • Companies argue that current geopolitical instability and supply chain issues, particularly concerning kerosene, make implementing the EU's plan unfeasible and potentially crippling.

European aviation companies have formally requested that Brussels reconsider its plans to integrate international flights into the EU's Emissions Trading System (ETS). Instead of the EU's proposed framework, the industry is advocating for the United Nations' Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) as the unified global mechanism for pricing carbon emissions from air travel.

Supporters of green policies, however, continue to argue that exempting international flights from carbon pricing represents a significant loophole in Europe's carbon market. They maintain that including these flights is crucial for meeting climate objectives.

Industry leaders, though, contend that even if the proposed 2027 implementation date for the EU's ETS were feasible, the current global climate has shifted dramatically. The ongoing conflict in the Middle East and the resulting supply chain disruptions, particularly affecting kerosene availability, have created a new reality. They argue that imposing such a measure under these conditions could paralyze the entire European aviation sector.

DistantNews Editorial

Originally published by Magyar Nemzet in Hungarian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.