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The EU ETS scheme for Aviation Emissions enters its first allowance trading period in 2013. This means that companies that own aircraft will need to register to receive free allowances and to surrender allowances for compliance with the scheme.
One of the reasons participation in the UK's Carbon Reduction Commitment Energy Efficiency Scheme is a poor alternative to offsetting your company's carbon emissions to use your CRC 'tax' payments to spur greenhouse gas reductions. A second reason is because, by DECC's own admission, the £12 per tonne permit price 'may have a marginal effect on decisions to invest in energy efficiency relative to overall energy prices'.