ETS for aviation

ETS, or Emissions Trading System, in aviation is a market-based approach to reduce greenhouse gas emissions from flights. Airlines are assigned emission allowances, and if they emit less than their quota, they can sell surplus allowances to others. Conversely, if they emit more, they must buy additional allowances. This incentivizes airlines to innovate and adopt cleaner technologies, helping lower the industry’s overall carbon footprint. ETS promotes environmental responsibility while allowing flexibility in how airlines meet emission reduction goals, supporting global efforts to combat climate change associated with air travel.