Railway

Fuelling the future: Financing sustainable transport through expanded EU carbon market

The European Commission’s Sustainable Transport Investment Plan (STIP) is a promising step towards promoting cleaner fuels in aviation and maritime transport. However, directing revenue from the EU Emissions Trading System towards these sectors should go hand in hand with expanding the EU ETS to cover all shipping and aviation emissions.

US and international pressure got aviation a 13-year pass on climate – now the EU must end it

The EU Emissions Trading System (ETS), which requires polluters to pay for their emissions, was a world first, yet international aviation emissions are still exempt from ETS pricing despite their huge climate damage. The EU must now bring international aviation back under regulation, stand up for its values and reaffirm its role as a global climate action leader.

Defending EU sovereignty and values in response to US trade pressure

In 2012, it was undoubtedly the main reason for backing down: the EU had dropped its plan to cover all flights departing from and arriving in Europe under its carbon market scheme, following intense pressure from industry and major economies, not least the United States. It was the infamous ‘stop the clock’ to the full scope under the EU Emissions Trading System (ETS).