European Union

ss="articletext">The EU airlines will soon be in thescheme is to enable the least polluting players to
throes of what can be considered as an integralwin. They can pass on the full cost of carbon
factor in determining their bottom line. EU’scredits gained on to their customers which will
Emission Trading Scheme (EU ETS) is slated toresult in lowering of ticket prices.
include the airline industry with effect from 2012When it comes to controlling the emission of
and flights operating to, from and within thecarbon and on a bigger perspective, reduce the
European Union will benefit from this scheme.green house gases, the emissions trading program
As per this program, air carriers exceeding theirshould not be confined to the airlines in the civil
prescribed quota of emission can either buyaviation industry.
carbon credits from organizations legitimized to sellThe travel agents and tour operators play an
them or make concerted efforts to reduceimportant role as they act as an interface
emissions by investing in sophisticated machinery.between the travellers and the airlines. The travel
The total emissions by an air carrier must stillagents as a part of their daily operations
remain within the stipulated cap as mandated byrecommend, plan and book flights and holidays for
the government.a number of travellers.
Those air carriers who have not exceeded theirIn what would for sure be considered as a
quota of emissions can benefit by transferringwelcoming step by the travel agents, airlines and
these carbon credits on to their balance sheets.environment friendly people and organisations
One carbon credit is equivalent to one ton ofalike, the regulatory bodies such as the IATA,
carbon dioxide, or in some markets, carbonABTA, and ICAO etc should reward those travel
dioxide equivalent gases. Carbon credits create anagents who book higher number of tickets on
environment for lowering greenhouse emissionsmore fuel efficient airlines, like southalltravel.co.uk,
by giving a fiscal value to the cost of polluting theone of the leading travel agencies in the UK.
air. By allowing carbon credits to be bought andThe airlines could be provided ratings based upon
sold, air carriers can seek out the mosttheir carbon emissions, much similar to the
cost-effective way of reducing their emissions,European Union (EU) energy rating label which is
either by investing in new aircraft engines or byseen on all the white goods that reveals the
purchasing credits from another operator whoappliances’ exact energy consumption and
already has excess 'capacity' owing to its fuelits energy efficiency rating.
efficient practices. The prime motive behind this