This article explores the workings of the EU UK and Swiss (CH) ETS schemes, including their enforcement mechanics, and the risk that an aircraft operator’s non-compliance with them poses to lessors across those jurisdictions which fall within these schemes.
This article focusses on the proposals made by the European Commission regarding the extension of the European Emissions Trading Scheme to the maritime sector.
As the reduction in carbon emissions becomes an increasing international priority, managing emissions in the maritime sector is particularly under the spotlight. This article explains how the EU emissions trading scheme is expected to apply to the shipping industry, the current status of the UK emissions trading scheme and the legal and commercial issues that may arise.