In a statement the British government said, it has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under its domestic emissions trading system (ETS).
The ETS is a method of charging power plants and other industrial entities for each tonne of carbon dioxide they emit. After leaving the EU, Britain has launched its own market to replace the European Union’s ETS.
The UK’s ETS applies to energy intensive industries, the power generation sector and aviation.
“Under the scheme, some installations and aircraft operators can get free emissions permits to reduce the risk of businesses transferring their activities to other countries due to climate costs”, said the statement.
Categories: Creativity, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy, Sustainability
Leave a comment