European Union Greenhouse Gas Emissions Trading Scheme for Aviation Regulations, 2012
This regulation integrates aviation into the European Union's Greenhouse Gas Emissions Trading System. It aims to reduce the environmental impact of air travel by requiring aircraft operators to monitor their carbon emissions and hold allowances for the pollution they generate. The rules primarily affect airlines operating flights within the European Economic Area. These operators must track their fuel consumption and surrender emission allowances, incentivizing the industry to adopt cleaner technologies.