On 3 April, the European Parliament in plenary session adopted by a 458-120 vote a negotiated agreement with the EU Greek Presidency and the Commission on the aviation ETS. The measure now goes to the Council of Ministers for its final endorsement. The agreement came after the Environment Committee had rejected the arrangement.
The key element of the agreement is the extension of the “Stop the Clock” derogation until 2016 (i.e. a suspension of the law for intercontinental flights). The agreement follows the original Commission’s proposal to apply the ETS with an airspace approach from 2014 until a global Market Based Measure is implemented in 2020.
Peter Liese, the lead MEP supporting the negotiated agreement — and rapporteur in the Environment Committee – called the deal “the best option under the circumstances,” although he defended the ETS. “We have a very clear message for the world. Either we get a global agreement in 2016 or we will have the full scope of the EU’s ETS back in 2017.”
The agreement would stop the clock only until 2016, that is when the ICAO Assembly is next scheduled to meet, so that if progress is not made the full ETS can be implemented. The deal also calls for member states to report how they spend revenues collected from auctions under the ETS.
Boeing continues to strongly support a global agreement at ICAO level to address aviation emissions.The European Parliament’s pragmatic decision enhances the ICAO process and creates positive momentum towards a global solution.