F1PART 3ACO2 offsetting requirements from international flights and emissions reductions from the use of CORSIA eligible fuels
CHAPTER 1Offsetting
CO2 offsetting requirements41B
1
The Regulator must calculate, for each of the aeroplane operators administered by it, the amount of CO2 emissions required to be offset for the period from 1st January 2021 to 31st December 2021 prior to consideration of the CORSIA eligible fuels, as follows—
where—
ORy = Aeroplane operator’s offsetting requirements in the given year y,
OE = Aeroplane operator’s CO2 emissions calculated in accordance with article 41A(3) in the given year y, and
SGFy = Sector’s Growth Factor for the given year y.
2
The Regulator must, upon calculating the offsetting requirements in a given year (ORy) of each of the aeroplane operators administered by it for the purposes of this Order, inform the aeroplane operator of its offsetting requirements by notice according to the timeline set out in Schedule 1.
Pt. 3A inserted (9.11.2022) by The Air Navigation (Carbon Offsetting and Reduction Scheme for International Aviation) (Amendment) Order 2022 (S.I. 2022/1050), arts. 1, 22