{"id":318503,"date":"2025-08-05T00:52:09","date_gmt":"2025-08-05T00:52:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/318503\/"},"modified":"2025-08-05T00:52:09","modified_gmt":"2025-08-05T00:52:09","slug":"eu-could-boost-climate-funding-tenfold-by-charging-airlines-more-new-study-finds","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/318503\/","title":{"rendered":"EU Could Boost Climate Funding Tenfold By Charging Airlines More, New Study Finds"},"content":{"rendered":"<p>The European Union (EU) could raise up to ten times more revenue for climate action by overhauling how it charges the aviation industry for its climate impact, according to a new study, announced on Monday.<\/p>\n<p>Commissioned by non-profit watchdog and research organization <a href=\"https:\/\/carbonmarketwatch.org\/\" target=\"_blank\" rel=\"noopener\">Carbon Market Watch<\/a> and conducted by French consultancy <a href=\"https:\/\/www.carbone4.com\/en\" target=\"_blank\" rel=\"noopener\">Carbone 4<\/a>, the study models four scenarios for revising the EU Emissions Trading System (EU ETS) in 2026.<\/p>\n<p>Under current rules, just 15% of aviation\u2019s climate impact will be priced in 2026, leaving significant pollution untaxed.<\/p>\n<p><a data-no-instant=\"1\" href=\"https:\/\/1.reutersevents.com\/lp=38109?extsource=6931eloquabrochureform_mediapartner_24jul25_carbonherald_banner\" rel=\"noopener\" class=\"a2t-link\" aria-label=\"5784 \u2013 Event Banners \u2013 20 (1)\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/5784-Event-Banners-20-1-1.jpg\" alt=\"\"   class=\"no-lazyload\" width=\"600\" height=\"200\"\/><\/a><\/p>\n<p>According to Bastien Bonnet-Cantalloube, aviation policy expert at Carbon Market Watch, this is a missed opportunity.<\/p>\n<p>\u201cIt is scandalous that the aviation industry has skirted paying for its climate impacts for so long,\u201d he said in a comment to the report announcement.<\/p>\n<p>Since 2012, the EU ETS has only covered flights within the European Economic Area (EEA).<\/p>\n<p>Expanding it to include all departing flights would at least double the current revenue from aviation emissions.<\/p>\n<p>Reversing the controversial \u2018Stop the clock\u2019 exemption\u2014introduced in 2012 to temporarily limit international flight coverage\u2014could quadruple that amount.<\/p>\n<p>Relevant: <strong><a href=\"https:\/\/carbonherald.com\/nonprofits-urge-eu-to-include-international-flights-emissions-in-carbon-market\/\" target=\"_blank\" rel=\"noopener\">Nonprofits Urge EU To Include International Flights Emissions In Carbon Market<\/a><\/strong><\/p>\n<p>The report also highlights the climate-warming effects of aviation emissions, different from carbon dioxide (CO2), like contrails and nitrous oxide (N2O), which are currently unpriced but could triple aviation\u2019s true climate cost.<\/p>\n<p>Private jets are another blind spot, with 67% of their emissions currently exempt from EU ETS coverage.<\/p>\n<p>Revenue raised could support the decarbonization of aviation through cleaner fuels like e-kerosene and fund upgrades to Europe\u2019s rail network as a low-carbon alternative to short-haul flights.<\/p>\n<p>With the EU facing a $1.3 trillion climate funding gap by 2035, researchers say now is the time to act.<\/p>\n<p>The upcoming EU ETS review has the potential to steer the aviation sector toward decarbonization while also increasing revenue to support the EU\u2019s climate initiatives, Bonnet-Cantalloube concluded.<\/p>\n<p>Read more: <strong><a href=\"https:\/\/carbonherald.com\/bezero-highlights-carbon-credit-quality-concerns-in-corsia-market\/\" target=\"_blank\" rel=\"noopener\">BeZero Highlights Carbon Credit Quality Concerns In CORSIA Market<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/rss.com\/podcasts\/carbonsations\/2077771\" target=\"_blank\" rel=\"noopener\">\u00abSynthetic fuel can make DAC viable,\u00bb Harvey Hodd, Rivan Industries CEO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The European Union (EU) could raise up to ten times more revenue for climate action by overhauling how&hellip;\n","protected":false},"author":2,"featured_media":318504,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[115692,115693,115694,2000,14164,299,5187],"class_list":{"0":"post-318503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-airlines-emissions","9":"tag-carbon-market-watch","10":"tag-carbone-4","11":"tag-eu","12":"tag-eu-ets","13":"tag-europe","14":"tag-european"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114973425256622141","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/318503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=318503"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/318503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/318504"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=318503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=318503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=318503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}