Norwegian Air International Limited EU ETS Excess Emissions Penalty 2021

Hearing Date: June 17, 2021

Under the EU Emissions Trading System, where an operator or an aircraft operator does not surrender sufficient allowances by 30 April to cover its emissions in the previous calendar year, an excess emissions penalty (EEP) automatically applies. The penalty is based on a price of €100/tonne of CO2 equivalent adjusted for increases in the Harmonised Index of Consumer Prices (HICP) since 2012.

In  2021, one aircraft operator was issued with a letter of demand for an excess emissions penalty:

Aircraft Operator ID

Aircraft operator

Date of EEP

Penalty

42956

Norwegian Air International Limited

17 June 2021

€18,162,413.93