The European Commission has published its historical emissions data upon which allocations for the aviation Emissions Trading Scheme will be based, stating that "aviation emissions of 219,476,343 tonnes of CO2 represents the average of the estimated annual emissions for the years 2004, 2005 and 2006" for flights that will be covered under the ETS starting next year. Based on this figure, the allowances to be created in 2012 amount to 212,892,052 tonnes of CO2, representing 97% ...

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