by Reinout Debergh Only flights within the European Economic Area (EEA) and those to the UK and Switzerland are covered Scope expanded to also include all departing flights from the EEA to outside the EEA with reimbursement of Corsia costs for those routes. Potential full scope in 2027 pending assessment of Corsia. Outmost regions exempted...

What Is The UK’s Net Zero Strategy?

The UK’s net zero strategy builds upon the Climate Change Act of 2008 and the 2020 Ten Point Action Plan The UK sets an indicative delivery pathway, aligned with carbon budget 6 (2033-2037), to achieve Net Zero by 2050 The strategy outlines how the UK intends to reach net-zero emissions across eight sectors of the economy.

ETS: Emission Trading Systems Outside the EU

Emissions trading schemes (ETS) incentivize polluters to reduce CO2 emissions through carbon pricing. ETS in China, South- Korea, Switzerland, the UK and California tend to target energy-intensive industries and can cover up to 80% of all greenhouse gas emissions. Most ETS, excluding South Korea, make polluters pay for the majority of their emissions by obliging them to buy a permit (rights) to emit more CO2 than the baseline, thereby encouraging green investment.

Fit For 55: ITRE Committee Meetings 20-21/04/2022

On April 20, 2022, the following was covered: Mending EU gas policy was discussed and fast-tracked for negotiations; Purchasing a majority of the supply for winter of 2022 and 2023 is a priority; Shifting to renewables instead of gas is another strategy, but regional and non-voluntary cooperation are crucial to increase renewables to 45% of energy needs by 2030.