Bangkok--8 Jul--Centre for Asia Pacific Aviation The Draft Report of the Australian government-commissioned, independent Climate Change Review was released. The Draft does not make recommendations, but clearly advocates establishing an emissions trading system by 2010. It advocates the full auctioning of emissions permits and the return of all revenue to households and business. Transport — including aviation - is explicitly to be included in this process. [click here for the full report] Key points: Australian Review Draft Report advocates an emissions trading system, introduced unilaterally, to commence in 2010;No exemptions — “better to have a clean carbon tax than a deeply compromised emission trading scheme”; ETS to cover aviation, but as fall-back position where other governments do no follow suit, a tax on fuel in the country of uplift; Final report due in September; meanwhile, government Green Paper to be issued later this month. Copyright. Centre for Aviation Note to editors: About Centre for Aviation Founded in 1990, the Centre for Aviation is the region's leading provider of independent aviation market intelligence, analysis and data services. Understanding aviation markets is our great strength. Visit the Centre’s websites... CentreforAviation.com Peanuts.aero IndiaAviation.aero MiddleEastAviation.aero ChinaAviation.aero EuropeAviation.aero Head Office, Sydney: Derek Sadubin, Chief Operating Officer Aurora Place, Level 4, 88 Phillip St Sydney PO Box N777, Grosvenor Place Sydney, NSW Australia 2000 Email: [email protected] Indian Subcontinent and Middle East Office: Kapil Kaul, CEO Indian Subcontinent & Middle East Email: [email protected] UK/Europe Office: David Bentley, UK Associate Email: [email protected] North America Regional Office: Martti Raito, Regional Director, North America Email: [email protected] North Asia Representatives: Korea: Kyung-sup Lee. Email: [email protected] More information is available on the Centre’s website: www.centreforaviation.com