A stronger EU Emissions Trading System to accelerate transition / With the “Fit for 55”package the European Union has unfurled its plans to reduce emissions by at least 55% by 2030 with the ultimate aim for Europe to become the world’s first climate neutral continent by 2050. While the proposals will affect a range of sectors such as construction, energy and transport, we have been looking at the potential changes most relevant for aviation: 1) the revision of the EU Greenhouse Gas Emissions Trading System - a carbon market-based measure, 2) the ReFuelEU Aviation proposal – a mandate accelerating the uptake of sustainable fuels, and 3) the revision of the Energy Taxation Directive introducing tax on fuel for business and leisure flights. (....)