Due to greenhouse gas…Airlines in concern while passenger increased
By Kim Yang Hyuk | mj@ | 2017-11-09 11:23:21
Korean airlines are expected to exceed their allocated GHG emissions by increasing aircraft input due to an increase in passengers during peak season. The excess is expected to be burdensome as airlines need to purchase their own emission credits. According to the Ministry of Land, Transport and Maritime Affairs, the total amount of greenhouse gas emissions allocated to eight domestic airlines this year is 154,952 tons. This is 14.62 % less than last year`s quota (1,814,963 tons). Given the environmental regulations and the entry of new airline operators, the amount of greenhouse gas emissions allowed by airlines is becoming more stringent over the years.
Korean Air has the largest amount of greenhouse gas quota in the airline industry this year with 520,000 tons. Asiana Airlines is estimated to have 300,000 tons, followed by Jeju Air (200,000 tons), Jin Air (190,000 tons), Easter Airways (110,740 tons), Air Busan and Tiwai Airlines receiving around 10 million tons do. Asiana Airlines, Air Busan and Tiwai Airlines are not disclosing their quotas externally. However, most companies, including Korean Air, are likely to exceed their allocated emissions. In preparation for this, Korean Air caught 5.4 billion won in the first half of this year as a greenhouse gas emission liability. Considering the fact that the emission trading rights at the Korea Exchange are about 20,000 won per ton, this year`s scale is equivalent to 270,000 tons. By the second half of the year, this year`s emissions will exceed the allocated 520,000 tons.
In the second half of this year, the number of flight operations also increased significantly due to the summer vacation season and the 10-day Chuseok holiday. On the first day of the last month, the number of passengers departed from Incheon International Airport reached 16,122 and 1,1656, respectively.
Last year, the Ministry of Land, Infrastructure and Transport announced that seven airlines in the first half achieved 287,000 tons of greenhouse gas reduction, offsetting the surge in air traffic demand in the second half of the year. In fact, Korean Air and Asiana Airlines` greenhouse gas emissions grew by 3.39 percent and 1.91 percent from the previous year, respectively, to 675,530 tons and 350,1290 tons respectively.
Currently, greenhouse gases emitted by the aviation industry account for about 2% of total emissions. Unlike other sectors, air emissions are very difficult to reduce due to technical reasons. A domestic airline official said, "We are making efforts to reduce greenhouse gas emissions by improving fuel efficiency by introducing operational know-how and improved airplanes." While aviation demand is increasing year by year, the government`s quota is decreasing, "He said.
By By Kim Yang Hyuk mj@
[ copyright ⓒ The Digitaltimes ]
Korean Air has the largest amount of greenhouse gas quota in the airline industry this year with 520,000 tons. Asiana Airlines is estimated to have 300,000 tons, followed by Jeju Air (200,000 tons), Jin Air (190,000 tons), Easter Airways (110,740 tons), Air Busan and Tiwai Airlines receiving around 10 million tons do. Asiana Airlines, Air Busan and Tiwai Airlines are not disclosing their quotas externally. However, most companies, including Korean Air, are likely to exceed their allocated emissions. In preparation for this, Korean Air caught 5.4 billion won in the first half of this year as a greenhouse gas emission liability. Considering the fact that the emission trading rights at the Korea Exchange are about 20,000 won per ton, this year`s scale is equivalent to 270,000 tons. By the second half of the year, this year`s emissions will exceed the allocated 520,000 tons.
In the second half of this year, the number of flight operations also increased significantly due to the summer vacation season and the 10-day Chuseok holiday. On the first day of the last month, the number of passengers departed from Incheon International Airport reached 16,122 and 1,1656, respectively.
Last year, the Ministry of Land, Infrastructure and Transport announced that seven airlines in the first half achieved 287,000 tons of greenhouse gas reduction, offsetting the surge in air traffic demand in the second half of the year. In fact, Korean Air and Asiana Airlines` greenhouse gas emissions grew by 3.39 percent and 1.91 percent from the previous year, respectively, to 675,530 tons and 350,1290 tons respectively.
Currently, greenhouse gases emitted by the aviation industry account for about 2% of total emissions. Unlike other sectors, air emissions are very difficult to reduce due to technical reasons. A domestic airline official said, "We are making efforts to reduce greenhouse gas emissions by improving fuel efficiency by introducing operational know-how and improved airplanes." While aviation demand is increasing year by year, the government`s quota is decreasing, "He said.
By By Kim Yang Hyuk mj@