News

22.05.2017 13:48

Greenhouse gas emissions in the EU Emissions Trading Scheme increased in 2016

The surrender of allowances for installations and aircraft operators in the EU Emission Trading Scheme (EU ETS) ended on 30. April.
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30.09.2016 09:49

Allocation of emission allowances from the Special Reserve for new entrants in the Emission Trading System (EU ETS)

According to art. 19 of Act no. 70/2012 on climate change, emission allowances free of charge will be allocated to aircraft operators from the Special Reserve for new entrants and fast growing airlines. For phase 3 the allocation is from 1. January 2017 – 31. December 2020.
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24.02.2016 13:14

Reminder to submit Annual Emission Reports in the EU Emissions Trading System

Since the due date is getting closer the Environment Agency of Iceland wants to remind aircraft operators that operated aviation activities
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12.02.2016 11:04

The Environment Agency of Iceland has imposed a penalty on Tunisair Express

The Environment Agency of Iceland has imposed an excess emissions penalty of 45.642 EUR on the aircraft operator Tunisair Express for having failed to surrender in time sufficient allowances to cover their emissions in 2013.
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03.09.2014 08:09

EU Emissions Trading System (ETS) – Calculation of allowances to aircraft operators

Ever since aviation activities have been included in the EU ETS emission trading system, aircraft operators have been obliged to acquire allowances equaling to their annual CO2 emissions.
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07.05.2014 09:43

Amendment of ETS Directive 2003/87/EC in aviation

The EEA Joint Committee has adopted in the EEA Agreement, Regulation (EU) No 421/2014 of the European Parliament and of the Council of 16 April 2014 amending Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading within the Community, in a view of the implementation by 2020 of an international agreement applying a single global market-based measure to international aviation emissions. The Regulation will in continuance be adopted in Icelandic law.
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06.03.2014 10:01

Allowances issued to operators

The Environment Agency of Iceland (EAI) has now issued free allowances for 2013 and 2014 to all five operators that fall under the Emissions Trading System (EU ETS) and applied for free allowances. The total allocation for these five operators was 1.462.844 allowances for 2013 and 1.437.438 for 2014.
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26.02.2014 10:03

Submission report in aviation postponed until 2015

The European Commission and EU Member States and EEA countries have issued a notification where submission of the 2013 report that was supposed to be completed by 31 March, and the surrendering of allowances that was supposed to be completed by 30 April this year in aviation, will be postponed until 2015. This is because it is not possible to ensure that the outcome of the Commission's proposal amending Directive 2003/87/EC will be achieved in time.
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17.01.2014 09:21

Amendement proposal for negotiation

As informed in December, the European Commission is currently in the process of negotiating a proposed amendement to the Emissions Trading System for Aviation (ETS).
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18.10.2013 08:50

Proposal for revised ETS

The European Commission adopted yesterday a proposal for a Directive amending Directive 2003/87/EC. The proposal would amend the EU emissions trading system so that only the emissions from flights that take place in European regional airspace will be covered.
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29.07.2013 08:55

Allocation of free emissions allowances for later distribution to fast growing airlines and new entrants into the market

The Environment Agency of Iceland would like to remind all aircraft operators who qualify as new entrants and want to apply for allowances to send in their TKM monitoring plan before 31 August 2013.
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15.11.2012 08:52

Commission proposes to ‘stop the clock’

On Monday 12 November 2012 it was announced that the European Commission had proposed that the EU would defer the requirement for airlines to surrender emissions allowances for flights in to and out of Europe/European Economic Area until after the 2013 International Civil Aviation Organization (ICAO) General Assembly next autumn.
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21.12.2011 08:58

Allocation of emission allowances to aircraft operators

From January 1st 2012 aviation activities in the European Economic Area (EEA) will be included in the EU Emission Trading System (EU ETS). From that date, the ETS will cover flights which depart from or arrive in an aerodrome situated in the EEA, i.e. in any of the 27 EU Member States and in Iceland, Norway and Liechtenstein. Aircraft operators falling under the scope of the ETS will then have to acquire emission allowances equivalent to their annual CO2 emissions.
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18.10.2011 09:00

Publication on benchmark values for aviation

Aviation will become a part of the EU’s emission trading system (EU ETS) as of 1. January 2012. Accordingly, the Commission has published the benchmark values for the aviation industry. The benchmark values will be used to allocate greenhouse gas emission allowances free of charge to more than 900 aircraft operators. With the benchmark values aircraft operators now have certainty regarding how many allowances they will receive for free annually until 2020.
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16.10.2011 09:00

ETS expanded to include Croatia

As of 1 of July 2013, Croatia is expected to become an EU Member State and consequently a member of the EU ETS from 1 January 2014. Aircraft operators, performing domestic flights within Croatia and /or flights between Croatia and non-EEA country in 2012 ("additional aviation activities") have a possibility to monitor their tonne-km data for these flights and to apply for additional free allowances by 31st March 2013.
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