Proposal for a Directive amending Directive 2003/87/EC as regards aviation’s contribution to the Union’s economy-wide emission reduction target and appropriately implementing a global market-based measure

Author (Corporate)
Series Details COM (2021) 552
Publication Date 14/07/2021
Content Type

Summary:

Legislative initiative - tabled by the European Commission on 14 July 2021 - introducing amendments to Directive 2003/87/EC as regards aviation's contribution to the European Union's economy-wide emission reduction target and appropriately implementing a global market-based measure.

Further information:

Directive 2003/87/EC established an EU emissions trading system (EU ETS). It is aimed at tackling climate change by reducing greenhouse gas (GHG) emissions in a cost-effective and economically efficient way. It is based on the cap and trade principle. This Directive has been amended on several occasions over the years.

This initiative introduces amendments to the EU ETS legislation in relation to its application to aviation to ensure that it contributes to the emission reduction target in accordance with the European Green Deal and later in the Commission's 2030 Climate Target Plan. It also amends the system as appropriate in respect to ICAO's CORSIA, and it revises the allocation of emissions allowances to increase auctioning.

The draft law was unveiled by the European Commission on 14 July 2021, as part of the so-called Fit for 55 legislative package.

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2021:552:FIN
Related Links
Commentary and Analysis
Transport&Environment: Flying and Climate Change: Aviation in the ETS https://www.transportenvironment.org/what-we-do/flying-and-climate-change/aviation-ets

News
Politico, 13/07/2021: EU bets big on emissions trading scheme comeback https://www.politico.eu/article/brussels-emissions-trading-scheme-climate-change/

Official
EUR-LEX: SWD(2021)555: Staff Working Document accompanying the Proposal - Subsidiarity Grid https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=SWD:2021:555:FIN
EUR-LEX: SWD(2021)603: Staff Working Document accompanying the Proposal - Impact Assessment Report https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=SWD:2021:603:FIN
EUR-LEX: SWD(2021)604: Staff Working Document accompanying the Proposal - Executive Summary of the Impact Assessment Report https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=SWD:2021:604:FIN
European Commission: Climate Action: Reducing emissions from aviation https://ec.europa.eu/clima/policies/transport/aviation_en
European Commission: Climate Action: ETS: Allocation to aviation https://ec.europa.eu/clima/policies/ets/allowances/aviation_en
European Commission: Press Release, 14/07/2021: European Green Deal: Commission proposes transformation of EU economy and society to meet climate ambitions https://ec.europa.eu/commission/presscorner/detail/en/ip_21_3541

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