EU aviation emission targets seen too low; reviewed 2013
The Justice and Home Affairs Council of the European Union has announced that aviation will be included in the Emissions Trading Scheme (ETS) from 1 January 2012, following a meeting in Luxembourg on October 24.
The Council has set out that 85% of the allowances will be allocated free of charge, based on a simple benchmark, and the remaining 15% auctioned until 2020.
The target is to lower aviation emissions by 3% from 2004-2006 levels by 2012, rising to 5% by 2013.
The reduction target and 15% auctioning restriction have been widely criticised as setting too low an initial target, particularly in
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