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Carbon Trading in Aviation: Birth of a New Market

Published by: GlobalData

Published: Jun. 7, 2009 - 14 Pages


Table of Contents


1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 GlobalData Viewpoint
2.1 Summary
3 Carbon Trading in Aviation: Birth of a New Market
3.1 Europe Spearheads the Carbon Battle in Aviation
3.2 High-riding on Controversy
3.3 The US Stand Yet Unspecified
3.4 Proactive Airports
3.5 Technology Focus
3.6 What is carbon trading?
3.7 Where is the profit potential?
3.8 Aviation and Kyoto
3.9 Conclusion
4 Appendix
4.1 Methodology
4.2 About GlobalData
4.3 Contact Us
4.4 Disclaimer
1.1 List of Tables
Table 1: The Global Aviation Market, Carbon Saving Initiatives by Airports, 2008
1.2 List of Figures
Figure 1: The Global Aviation Market, Technology Focus, 2009

Abstract

Carbon Trading in Aviation: Birth of a New Market

Summary

The European Union has made waves in the carbon trading industry by including the aviation sector under emissions trading. This is accompanied by carbon emission efforts on part of airlines and airports in the Western world. Many airports and airlines are coming to the forefront of the climate change battle. A large number of airlines and airports in the US and Europe now offers carbon offset programs and several other schemes to minimize carbon footprints. Most European and American airports and airlines are proactively investing and working on fuel-efficiency, waste management, water conservation, green buildings, recycling, hybrid vehicles, solar energy installations, cogeneration plants etc. In fact, Manchester airport is one of the 66 organizations that have received Carbon Trust Standard, a certification for having genuinely reduced carbon emissions and also being committed to curb emissions in the future. Many airlines in the Western world have serious emission targets which they plan to achieve its goal by investing in alternative fuels, cleaner aircrafts, smart routings and also by carbon trading. The entire aviation sector has come a long way in awareness about the need to limit their carbon footprints, as is evident from their carbon schemes. Nevertheless, what spurs them into action is the financial benefit that comes as a result of energy efficiency. This marks the beginning of a large market for carbon trading in aviation.

Scope
  • GlobalData viewpoints cover the latest events or important trends in the alternative energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the alternative energy industry across the world.
Reasons to buy
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  • Gain a strong understanding of the energy market and analyze the major trends in the global alternative energy industry today
  • Identify opportunities and challenges with the help of our analysis of the latest news and deals in the alternative energy industry
  • Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events


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