Decision parameters of an MRV scheme for integrating non-CO2 aviation effects into EU ETS

Abstract

Although about two-thirds of aviation's climate impacts are caused by non-CO2 effects, such as ozone production or contrail cirrus formation, these effects are not yet considered in existing and currently planned policy instruments (e.g. EU ETS or CORSIA). Due to their climatological relevance, however, various economic concepts have been proposed recently to internalise nonCO2 effects. Most of these approaches are based on the principle of equivalent CO2 emissions (CO2e), a way of unitizing the impact of all climate agents. Several calculation methods for CO2 equivalents are in principle available, which differ in the degree of detail and are subject to uncertainties related to atmospheric science. There are a quite a few key decision parameters for policy makers for setting up a monitoring, reporting, and verification (MRV) scheme for non-CO2 effects. The aim of this study is therefore to analyze and discuss the most important decision parameters for the integration of non-CO2 aviation effects into EU ETS.