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ETS Goes Live As Political Battles Gather Momentum



[...] "This will be a nightmare for many operators," said Julien Dufour, CEO of ETS specialist support company VerifAvia. In addition to the intrusiveness of criminal background checks, other burdens include the need to provide notarized–and in some cases translated–documents, such as current proof of a company's legal incorporation, which may not be available under the legal jurisdiction in which the operator is based.

The accounts will be used to deposit free credits earned by operators who completed the full kilometer/metric ton calculation of emissions for 2010 and 2011. However, according to Dufour, the free-credits process has left many business aircraft operators frustrated. Having spent significant amounts of money to have the required full verification, they found that they will end up with a tiny allocation–in some cases no more than between one and four percent of their total annual needs. Carbon credits don't actually have to be surrendered for the first time until April 30, 2013.

However, Dufour predicted that the process for reporting and verifying 2011 emissions should prove to be more straightforward than it was for 2010. For most of the 27 EU states, the deadline for filing verified reports is March 31, 2012, but for the Czech Republic it is March 15 and for Spain it is February 28. Dufour suggested that most authorities have proved to be more flexible in practice than their rules and deadlines would suggest. However, he did urge operators not to leave the reporting and verification process until the last few weeks. [...]

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