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London Business Conferences specialises in hosting industry-specific global summits for end-users of new technologies, including government, research and private sector organisations.
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Today’s escalating fuel prices, coupled with increasing aviation duties, are putting a heavy financial burden on the aviation sector. The global demand for air traffic is also increasing, but at a faster rate than the expected efficiency improvements, with the result that the aviation sector is increasingly responsible for emitting high levels of CO2. Recent legislation has stated that as from 2012 the aviation sector will be included in the EU Emissions Trading Scheme, in an effort to help reduce CO2 emissions. Airlines will now be accountable for their “aviation footprint”. For the airline industry however, the ETS is simply another burden on a market already hampered by unprecedented economic pressures, not withstanding the improvement to environmental performance - which they question it will bring. There is also the question of the scheme’s legality in applying the cap to all operators, regardless of where they are based, and the subsequent market distortion it will cause as non-EU operators seek to avoid the ETS fee.
And so, with the survival of airlines now a core of their future strategy, airlines need to clarify the path forward to understand how they can grow efficiently with the current design process. It is crucial that airlines comply in the most effective manner, so that they facilitate their own sustainable development in today’s economically uncertain climate. Additionally, the scheme raises important questions about the possibility of implementing a global mechanism, and in particular understanding US reactions to the scheme.
This is not a generic aviation emissions trading event. Targeting CEOs and key decision makers, we will examine the strategy behind the scheme. From a policy level, you will hear why senior politicians and ministers believe it is a success. We will evaluate international reactions and the legal basis for any objections to the scheme.
The programme will then delve into the practicalities of the scheme - to facilitate airlines who need to know HOW to establish cost-effective and sustainable implementation processes, specifically around measuring, reporting, monitoring and verification. From there, we will analyse what could happen post 2012, and crucially, what other environmental measures airlines can adopt to mitigate their emissions. This is more than simply an emissions trading event - we are examining how airlines can improve their fleet, aircraft, fuel, engines - to reduce their aviation footprint. |
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