European Green Deal
The European Green Deal is a series of measures taken by the EU to reduce the greenhouse gas emissions in line with the target seeking to achieve carbon neutrality by the year 2050. It aims to strengthen and expand the bloc’s carbon market, create new emissions-trading programme and set up new emission standards for cars.
As part of these green initiatives, the European Commission, the executive branch of the EU, seeks to gradually phase out emission allowances for carriers. It will also introduce more stringent rules for promoting cleaner fuels in the transportation sector. Fuel suppliers will be directed to mix a large amount of sustainable aviation fuels into the existing jet fuel sold at the EU airports.